iHuman (NYSE:IH) Trading 24.9% Higher - What's Next?

iHuman Inc. Sponsored ADR (NYSE:IH - Get Free Report) traded up 24.9% during mid-day trading on Thursday . The stock traded as high as $3.24 and last traded at $3.01. 336,617 shares changed hands 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 Performance

The company has a market cap of $156.58 million, a PE ratio of 11.15 and a beta of 0.38. The business's 50-day moving average is $2.37 and its 200 day moving average is $2.13.

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

Institutional Investors Weigh In On iHuman

A number of large investors have recently modified their holdings of the stock. Citadel Advisors LLC boosted its stake in iHuman by 24.3% during the fourth quarter. Citadel Advisors LLC now owns 47,683 shares of the company's stock worth $81,000 after acquiring an additional 9,314 shares in the last quarter. Acadian Asset Management LLC purchased a new position in iHuman in the first quarter worth about $32,000. Finally, Virtu Financial LLC purchased a new position in shares of iHuman during the first quarter valued at approximately $26,000. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.