HWH International (NASDAQ:HWH) Trading Down 1.3% – Here’s What Happened

HWH International Inc. (NASDAQ:HWH) dropped 1.3% during trading on Thursday . The stock traded as low as $1.38 and last traded at $1.40. Approximately 63,985 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 690,179 shares. The stock had previously closed at $1.42.

HWH International Stock Down 1.3%

The company has a 50-day simple moving average of $1.29 and a 200 day simple moving average of $1.59.

HWH International (NASDAQ:HWH) last released its earnings results on Thursday, May 15th. The company reported ($0.09) earnings per share for the quarter. HWH International had a negative net margin of 144.81% and a negative return on equity of 260.57%.

Institutional Investors Weigh In On HWH International

An institutional investor recently raised its position in HWH International stock. Geode Capital Management LLC increased its position in shares of HWH International Inc. (NASDAQ:HWH) by 303.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,957 shares of the company’s stock after purchasing an additional 40,583 shares during the period. Geode Capital Management LLC owned about 0.17% of HWH International worth $34,000 at the end of the most recent reporting period. Institutional investors own 25.66% of the company’s stock.

HWH International Company Profile

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.