Haoxin (NASDAQ:HXHX) Shares Up 0.9% – Should You Buy?

Haoxin Holdings Limited (NASDAQ:HXHXGet Free Report) was up 0.9% during trading on Thursday . The company traded as high as $0.51 and last traded at $0.4850. Approximately 22,025 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 41,021 shares. The stock had previously closed at $0.4805.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Haoxin in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

View Our Latest Research Report on Haoxin

Haoxin Stock Performance

The firm has a 50-day simple moving average of $0.50 and a two-hundred day simple moving average of $0.50. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.37 and a current ratio of 2.37.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Haoxin stock. Marex Group plc acquired a new position in Haoxin Holdings Limited (NASDAQ:HXHXFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,871 shares of the company’s stock, valued at approximately $43,000. Marex Group plc owned approximately 0.20% of Haoxin at the end of the most recent quarter.

About Haoxin

(Get Free Report)

We are a provider of temperature-controlled truckload service and urban delivery services in China with over 21 years of experience in the transportation industry. We started our urban delivery service business in 2003 and started expanding our business into temperature-controlled truckload service in 2016. We currently conduct all of our operations through our subsidiaries, Ningbo Haoxin, Zhejiang Haoxin, Longanda and Haiyue, and have experienced a steady growth in our business in recent years. The goods we take charge of transporting focus on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods.

Further Reading

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