HUHUTECH International Group (NASDAQ:HUHU) Trading Down 0.2% – Here’s Why

HUHUTECH International Group Inc. (NASDAQ:HUHU) shares fell 0.2% on Monday . The stock traded as low as $6.10 and last traded at $6.17. 91,998 shares were traded during trading, a decline of 23% from the average session volume of 119,961 shares. The stock had previously closed at $6.18.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of HUHUTECH International Group to a “hold” rating in a research report on Saturday, August 9th.

HUHUTECH International Group Stock Down 0.2%

The business’s fifty day simple moving average is $6.47 and its 200 day simple moving average is $5.24.

Institutional Investors Weigh In On HUHUTECH International Group

A hedge fund recently bought a new stake in HUHUTECH International Group stock. Invesco Ltd. purchased a new position in HUHUTECH International Group Inc. (NASDAQ:HUHU) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,630 shares of the company’s stock, valued at approximately $81,000. Invesco Ltd. owned 0.08% of HUHUTECH International Group at the end of the most recent quarter.

About HUHUTECH International Group

HUHUTECH International Group, Inc designs and provides customized high-purity gas and chemical production system and equipment. The company was founded by Yu Jun Xiao on July 8, 2021 and is headquartered in Wuxi City, China.