Let’s start up with the current stock price of Happiness Biotech Group Limited (HAPP), which is $1.96 to be very precise. The Stock rose vividly during the last session to $2.28 after opening rate of $1.74 while the lowest price it went was recorded $1.74 before closing at $1.73.
Recently in News on December 16, 2020, Happy Buy Receives Policy Granting 80% Tax Rebates From Local Government. Happiness Biotech Group Limited (the “Company” or Nasdaq: HAPP), an innovative China-based nutraceutical and dietary supplements producer, announced today that Happy Buy, the Company’s wholly-owned subsidiary focusing on e-commerce business, received preferential tax policies from the local government, according to which, 80% of the local value-added tax and the local corporate income tax will be returned to the company as a reward. You can read further details here
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Happiness Biotech Group Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.1000 on 01/28/20, with the lowest value was $1.6300 for the same time period, recorded on 11/04/20.
Happiness Biotech Group Limited (HAPP) full year performance was -56.19%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Happiness Biotech Group Limited shares are logging -67.67% during the 52-week period from high price, and 20.25% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.63 and $6.06.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 9214138 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Happiness Biotech Group Limited (HAPP) recorded performance in the market was -56.70%, having the revenues showcasing -2.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 49.06M, as it employees total of 179 workers.
Analysts verdict on Happiness Biotech Group Limited (HAPP)
During the last month, 0 analysts gave the Happiness Biotech Group Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.9674, with a change in the price was noted -0.3900. In a similar fashion, Happiness Biotech Group Limited posted a movement of -16.60% for the period of last 100 days, recording 476,121 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for HAPP is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Happiness Biotech Group Limited (HAPP): Technical Analysis
Raw Stochastic average of Happiness Biotech Group Limited in the period of last 50 days is set at 50.77%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 43.86%. In the last 20 days, the company’s Stochastic %K was 20.21% and its Stochastic %D was recorded 21.29%.
Let’s take a glance in the erstwhile performances of Happiness Biotech Group Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -56.70%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -31.99%, alongside a downfall of -56.19% for the period of the last 12 months. The shares increased approximately by 3.70% in the 7-day charts and went down by 6.52% in the period of the last 30 days. Common stock shares were lifted by -2.00% during last recorded quarter.