iHuman (NYSE:IH) Stock Price Up 24.9% - Should You Buy?

Shares of iHuman Inc. Sponsored ADR (NYSE:IH - Get Free Report) traded up 24.9% during mid-day trading on Thursday . The company traded as high as $3.24 and last traded at $3.01. 336,617 shares were traded during mid-day trading, an increase of 715% from the average session volume of 41,282 shares. The stock had previously closed at $2.41.

iHuman Stock Down 3.2%

The business's 50 day moving average is $2.39 and its two-hundred day moving average is $2.14. The firm has a market capitalization of $159.70 million, a P/E ratio of 11.37 and a beta of 0.38.

iHuman (NYSE:IH - Get Free Report) last issued its quarterly earnings results on Thursday, June 26th. The company reported $0.07 EPS for the quarter. iHuman had a net margin of 11.44% and a return on equity of 11.00%. The firm had revenue of $29.00 million for the quarter.

Hedge Funds Weigh In On iHuman

Institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC lifted its holdings in shares of iHuman by 24.3% during the 4th quarter. Citadel Advisors LLC now owns 47,683 shares of the company's stock valued at $81,000 after buying an additional 9,314 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of iHuman during the 1st quarter valued at about $26,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of iHuman during the 1st quarter valued at about $32,000. Hedge funds and other institutional investors own 4.92% of the company's stock.

iHuman Company Profile

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People's Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.