Hywin (NASDAQ:HYW) Stock Price Down 2.4% – Should You Sell?

Hywin Holdings Ltd. (NASDAQ:HYWGet Free Report) was down 2.4% during trading on Wednesday . The company traded as low as $1.15 and last traded at $1.20. Approximately 77,464 shares traded hands during trading, a decline of 47% from the average daily volume of 145,872 shares. The stock had previously closed at $1.23.

Hywin Stock Performance

The company has a market capitalization of $32.20 million, a price-to-earnings ratio of 1.20 and a beta of -0.11. The company’s fifty day simple moving average is $0.73 and its two-hundred day simple moving average is $0.55.

Hywin Company Profile

(Get Free Report)

Hywin Holdings Ltd., through its subsidiaries, provides wealth management, asset management, health management, insurance brokerage, and other financial services in China. It operates through two segments: Wealth and Health. The company distributes asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing and cash management products.

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