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Happy City (NASDAQ:HCHL) Shares Down 3.1% - Should You Sell?

Happy City logo with Retail/Wholesale background

Key Points

  • Happy City Holdings Limited shares fell by 3.1%, trading down to $3.08 during mid-day trading on Thursday, indicating a significant decline from the previous close of $3.18.
  • Trading volume for Happy City saw an increase of 72% compared to its average session volume, with 291,772 shares traded during the day.
  • Despite the drop, Wall Street Zen has upgraded the stock to a "hold" rating, suggesting potential for stability despite recent price volatility.
  • Five stocks to consider instead of Happy City.

Happy City Holdings Limited (NASDAQ:HCHL - Get Free Report)'s share price was down 3.1% during mid-day trading on Thursday . The company traded as low as $3.05 and last traded at $3.08. Approximately 291,772 shares changed hands during trading, an increase of 72% from the average daily volume of 169,544 shares. The stock had previously closed at $3.18.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Happy City to a "hold" rating in a research note on Sunday, June 29th.

Check Out Our Latest Report on Happy City

Happy City Price Performance

The stock has a fifty day moving average price of $3.54.

Happy City Company Profile

(Get Free Report)

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors.

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Should You Invest $1,000 in Happy City Right Now?

Before you consider Happy City, you'll want to hear this.

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