Hudson Capital Inc. (NASDAQ:HUSN) concluded the trading on Thursday, Oct 15, with a rise of 3.88% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.64 and 5Y monthly beta was reading 0 with its price kept floating in the range of $0.6600 and $0.8799 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that HUSN hit a high price of $1.96 and saw its price falling to a low level of $0.32 during that period. Over a period of past 1-month, stock came adding 62.82% in its value.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with nil upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review HUSN stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 50% Buy for it.
In comparing Hudson Capital Inc. (HUSN)’s stock with other industry players reveals that stock’s latest price change of +3.88% and that of -53.61% over the past 12 months is in competing position with that of American Express Company (AXP) which saw its stock price fell by -0.36% in the recent trading and went through a decline of -11.06% in past 12-month trading. Industry’s another major player Moody’s Corp (MCO) has jumped 0.13% up in latest trading session, but over the past year has faced a rise of 33.77%, while XP Inc Cl A (XP) is also up 3.88% however its price remained floating in the red at -53.61% over the same period. Hudson Capital Inc. has a P/E ratio of 0 against that of American Express Company’s 21.63 while Moody’s Corp is showing 31.8 for the same. On the other hand, the S&P 500 Index was down -0.15% in the early deals while the Dow Jones Industrial was dealing lower at -0.07%.
Having a second look at Hudson Capital Inc. (NASDAQ:HUSN) provides that stock’s average daily trading volume for 3 months was 2.43 Million, while it dropped to 11.45 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 32.02 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 65.75% while it is 3.48% for the institutional holders. The figures also indicate that as of September 29, 2020, number of stock’s short shares was 692000000 which implies a short ratio of 1.06. This shows up a 2.16% of Short Interest in company’s outstanding shares on the day. In September the standing of shares short declined as it was 802.52 Million in the previous month. Drop of -40.02% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ worries about the stock as it is hinting a further drop.