iHuman Inc ADR (NYSE:IH) shares, rose in value on Friday, March 07, with the stock price down by -2.80% to the previous day’s close as strong demand from buyers drove the stock to $2.08.
Actively observing the price movement in the last trading, the stock closed the session at $2.14. The PE ratio was 7.75 over 12-month period. Referring to stock’s 52-week performance, its high was $2.48, and the low was $1.47. On the whole, IH has fluctuated by 16.85% over the past month.
With the market capitalization of iHuman Inc ADR currently standing at about $48.71 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IH’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 75% Buy.
The stock’s technical analysis shows that the price of IH currently trading nearly 7.81% and 16.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.94, while the 7-day volatility ratio is showing 6.46% which for the 30-day chart, stands at 5.09%. Furthermore, iHuman Inc ADR (IH)’s beta value is 0.34, and its average true range (ATR) is 0.11.
A comparison of iHuman Inc ADR (IH) with its peers suggests the former has fared considerably weaker in the market. IH showed an intraday change of -2.80% in last session, and over the past year, it grew by 9.53%%.
Data on historical trading for iHuman Inc ADR (NYSE:IH) indicates that the trading volumes over the past 3 months, they’ve averaged 49.15K. According to company’s latest data on outstanding shares, there are 23.42 million shares outstanding.
iHuman Inc ADR’s shares belong to company insiders and institutional investors own 0.72% of the company’s shares. The stock has risen by 23.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IH stock heading into the next quarter.
