iHuman (NYSE:IH) Stock Price Down 1.6% – Time to Sell?

iHuman Inc. Sponsored ADR (NYSE:IH) traded down 1.6% on Tuesday . The company traded as low as $2.15 and last traded at $2.1750. 3,533 shares changed hands during trading, a decline of 64% from the average session volume of 9,751 shares. The stock had previously closed at $2.21.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of iHuman in a research note on Monday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

iHuman Trading Up 6.0%

The stock’s 50-day simple moving average is $2.63 and its 200-day simple moving average is $2.68. The stock has a market cap of $117.58 million, a price-to-earnings ratio of 7.90 and a beta of -0.07.

Institutional Trading of iHuman

An institutional investor recently bought a new position in iHuman stock. Acadian Asset Management LLC purchased a new position in iHuman Inc. Sponsored ADR (NYSE:IH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,067 shares of the company’s stock, valued at approximately $32,000. 4.92% of the stock is currently owned by hedge funds and other institutional investors.

iHuman Company Profile

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People’s Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.