China Hgs Real Estate Inc (NASDAQ: HGSH) continues to move up in the pre-market session after yesterday’s jump. If the stock can break above 2.05 and hold there is a possibility for a breakout here.
Market Action
As of 8:35, HGSH stock rose 10.27% or $0.19 to $2.04. The stock has seen a total of 229K shares in volume.
HGSH Releases Earnings This Morning
China HGS Announces First Six Months of Fiscal 2021 Financial Results
- Total revenues for the second quarter of fiscal 2021 were approximately $18.3 million, representing an increase of 867.2% from approximately $1.9 million in the same quarter of fiscal 2020 due to more gross floor area sold during the current quarter.
- Net income for the second quarter of fiscal 2021 totaled approximately $2.2 million, significantly increased from net loss of approximately $0.6 million in the same period of last year.
- Basic and diluted net income per share attributable to shareholders for the second quarter of fiscal 2021 increased to $0.10, compared to net loss per share of $0.01 for the same quarter of the last year.
Trader Notes
Share Information
| SHARES OUTSTANDING | 22.52 M |
| SHARE FLOAT (%) | 6.78 M (30.12%) |
| % HELD BY INSTITUTIONS | 0.27 |
Recent Stock Performance
| 5-DAY PERF. | -5.13% |
| 1-MONTH PERF. | -10.63% |
| 3-MONTH PERF. | -31.23% |
| 6-MONTH PERF. | +34.06% |
| YTD PERF. | +3.93% |
| 1-YEAR PERF. | +126.83% |
Moving Averages
| +/- EMA(20) | 2.00 (-7.50%) |
| +/- SMA(50) | 2.09 (-11.48%) |
| +/- SMA(200) | 1.77 (+4.52%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 1.4833 | 1.5567 | 1.7033 | 1.7767 | 1.9233 | 1.9967 | 2.1433 |
| Fibonacci | 1.5567 | 1.6407 | 1.6926 | 1.7767 | 1.8607 | 1.9126 | 1.9967 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 19.0577 | Neutral | ATR14 | 0.2305 | |
| CCI20 | -106.1682 | Sell | Chaikin Money Flow | -0.1191 | Sell |
| MACD | -0.1070 | Sell | Money Flow Index | 41.1135 | Sell |
| ROC | -18.5022 | Sell | RSI | 41.5817 | Buy |
| STOCH (14,3) | 36.7816 | Buy | STOCH RSI | 1.0000 | OverBought |
| UO | 45.1482 | Buy | Williams %R | -63.2184 | Neutral |
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