Shares of HUHUTECH International Group Inc. (NASDAQ:HUHU - Get Free Report) shot up 9.9% during trading on Thursday . The company traded as high as $5.80 and last traded at $5.56. 64,928 shares changed hands during trading, a decline of 6% from the average session volume of 68,894 shares. The stock had previously closed at $5.06.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of HUHUTECH International Group to a "hold" rating in a research note on Saturday, August 9th.
Check Out Our Latest Analysis on HUHUTECH International Group
HUHUTECH International Group Price Performance
The company has a quick ratio of 1.20, a current ratio of 1.28 and a debt-to-equity ratio of 0.35. The firm's 50 day simple moving average is $6.37 and its 200-day simple moving average is $5.56.
Hedge Funds Weigh In On HUHUTECH International Group
A hedge fund recently bought a new stake in HUHUTECH International Group stock. Invesco Ltd. acquired a new stake in HUHUTECH International Group Inc. (NASDAQ:HUHU - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,630 shares of the company's stock, valued at approximately $81,000. Invesco Ltd. owned approximately 0.08% of HUHUTECH International Group at the end of the most recent reporting period.
About HUHUTECH International Group
(
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HUHUTECH International Group, Inc designs and provides customized high-purity gas and chemical production system and equipment. The company was founded by Yu Jun Xiao on July 8, 2021 and is headquartered in Wuxi City, China.
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