Hong Yuan Holding Group (OTCMKTS:HGYN) Releases Quarterly Earnings Results

Hong Yuan Holding Group (OTCMKTS:HGYN) released its earnings results on Friday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Hong Yuan Holding Group had a net margin of 5.71% and a negative return on equity of 47.33%.

Hong Yuan Holding Group Price Performance

OTCMKTS:HGYN traded down $0.01 on Friday, reaching $0.09. 15,007 shares of the company’s stock traded hands, compared to its average volume of 19,501. The stock has a 50-day simple moving average of $0.10 and a 200-day simple moving average of $0.07. Hong Yuan Holding Group has a 12 month low of $0.00 and a 12 month high of $0.24.

About Hong Yuan Holding Group

Hong Yuan Holding Group does not have significant operations. Previously, it was engaged in the development and commercialization of bio-based resins. The company was formerly known as Cereplast, Inc and changed its name to Hong Yuan Holding Group in June 2021. Hong Yuan Holding Group was incorporated in 2001 and is based in Zhengzhou, China.