Hywin (NASDAQ:HYW) Stock Price Down 5.2% – Here’s What Happened

Hywin Holdings Ltd. (NASDAQ:HYWGet Free Report) dropped 5.2% during mid-day trading on Monday . The company traded as low as $1.27 and last traded at $1.27. Approximately 15,477 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 145,872 shares. The stock had previously closed at $1.34.

Hywin Trading Down 5.2 %

The stock has a market cap of $35.56 million, a PE ratio of 1.32 and a beta of -0.11. The business has a 50 day moving average of $1.12 and a 200-day moving average of $0.92.

About Hywin

(Get Free Report)

Hywin Holdings Ltd., through its subsidiaries, provides wealth management, asset management, health management, insurance brokerage, and other financial services in China. It operates through two segments: Wealth and Health. The company distributes asset-backed products, such as real estate securitization products, as well as equity investments in real estate projects or private project companies; venture capital, private equity, and hedge funds; and supply chain financing and cash management products.

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