Quhuo (NASDAQ:QH) Trading Up 0.8% – Here’s What Happened

Shares of Quhuo Limited (NASDAQ:QHGet Free Report) rose 0.8% on Tuesday . The company traded as high as $1.40 and last traded at $1.33. Approximately 7,578 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 16,897 shares. The stock had previously closed at $1.32.

Quhuo Stock Performance

The stock has a 50-day simple moving average of $1.39 and a 200-day simple moving average of $1.03.

About Quhuo

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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.

Further Reading

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