Quhuo (NASDAQ:QH) Trading 1.5% Higher – Should You Buy?

Shares of Quhuo Limited (NASDAQ:QHGet Free Report) rose 1.5% on Friday . The stock traded as high as $1.37 and last traded at $1.31. Approximately 8,539 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 9,689 shares. The stock had previously closed at $1.29.

Quhuo Price Performance

The company’s 50-day simple moving average is $1.39 and its two-hundred day simple moving average is $1.14.

Quhuo Company Profile

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Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions.

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