Haoxi Health Technology (NASDAQ:HAO) Trading 10% Higher – Time to Buy?

Haoxi Health Technology Limited (NASDAQ:HAO) shot up 10% during trading on Monday . The stock traded as high as $1.21 and last traded at $1.21. 27,646 shares were traded during trading, a decline of 16% from the average session volume of 32,910 shares. The stock had previously closed at $1.10.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Haoxi Health Technology in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Haoxi Health Technology has a consensus rating of “Sell”.

Haoxi Health Technology Price Performance

The business has a fifty day moving average price of $1.22 and a 200-day moving average price of $1.18. The company has a current ratio of 5.05, a quick ratio of 5.05 and a debt-to-equity ratio of 0.02.

Haoxi Health Technology Company Profile

Haoxi Health Technology Limited, through its subsidiaries, provides online marketing solutions in China. It offers online marketing solutions, including online short video marketing solutions to advertisers through its media partners; and customized marketing solutions by planning, producing, placing, and optimizing online ads to help advertisers acquire, convert, and retain consumers on various online media platforms. The company places its ads through mainstream online short video and social media platforms, such as Toutiao, Douyin, WeChat, and Sina Weibo.