Hang Feng Technology Innovation Co., Ltd. (NASDAQ:FOFO – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 45,783 shares, an increase of 330.3% from the May 14th total of 10,640 shares. Based on an average daily volume of 146,183 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the shares of the company are short sold.
Hang Feng Technology Innovation Stock Down 7.3%
FOFO stock traded down $0.22 on Thursday, hitting $2.81. The company’s stock had a trading volume of 88,816 shares, compared to its average volume of 560,971. The firm’s 50 day simple moving average is $3.45. Hang Feng Technology Innovation has a 1 year low of $1.75 and a 1 year high of $68.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 32.94 and a quick ratio of 32.94.
Hang Feng Technology Innovation (NASDAQ:FOFO – Get Free Report) last released its quarterly earnings results on Thursday, April 16th. The company reported ($0.86) EPS for the quarter. The company had revenue of $0.50 million for the quarter.
Analyst Upgrades and Downgrades
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About Hang Feng Technology Innovation
Hang Feng Technology Innovation Co, Ltd. is a company providing comprehensive corporate management consulting and asset management services. Hang Feng Technology Innovation Co, Ltd. is based in Hong Kong.
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