Quhuo (NASDAQ:QH) Stock Price Down 2% – Here’s What Happened

Quhuo Limited (NASDAQ:QHGet Free Report) shares were down 2% during trading on Monday . The company traded as low as $1.48 and last traded at $1.49. Approximately 28,816 shares traded hands during trading, a decline of 99% from the average daily volume of 2,202,237 shares. The stock had previously closed at $1.52.

Quhuo Price Performance

The company has a fifty day simple moving average of $1.41 and a two-hundred day simple moving average of $0.93.

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.

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