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.
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.
|SHARES OUTSTANDING||22.52 M|
|SHARE FLOAT (%)||6.78 M (30.12%)|
|% HELD BY INSTITUTIONS||0.27|
Recent Stock Performance
|+/- EMA(20)||2.00 (-7.50%)|
|+/- SMA(50)||2.09 (-11.48%)|
|+/- SMA(200)||1.77 (+4.52%)|
|CCI20||-106.1682||Sell||Chaikin Money Flow||-0.1191||Sell|
|MACD||-0.1070||Sell||Money Flow Index||41.1135||Sell|
|STOCH (14,3)||36.7816||Buy||STOCH RSI||1.0000||OverBought|