iHuman (NYSE:IH) Shares Down 7.4% – Here’s What Happened

iHuman Inc. Sponsored ADR (NYSE:IH)’s stock price traded down 7.4% during trading on Monday . The stock traded as low as $1.43 and last traded at $1.4450. 10,248 shares traded hands during trading, a decline of 45% from the average session volume of 18,759 shares. The stock had previously closed at $1.56.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of iHuman in a research note on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, iHuman presently has an average rating of “Sell”.

iHuman Stock Performance

The firm has a market cap of $75.13 million, a P/E ratio of 5.88 and a beta of 0.14. The business’s 50-day simple moving average is $1.67 and its 200 day simple moving average is $1.92.

iHuman (NYSE:IH) last released its earnings results on Tuesday, March 31st. The company reported $0.04 earnings per share for the quarter. iHuman had a net margin of 11.80% and a return on equity of 9.79%. The company had revenue of $27.25 million for the quarter.

iHuman Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 17th were given a $0.10 dividend. This represents a dividend yield of 573.0%. The ex-dividend date of this dividend was Friday, April 17th.

Hedge Funds Weigh In On iHuman

A hedge fund recently bought a new stake in iHuman stock. Acadian Asset Management LLC purchased a new position in iHuman Inc. Sponsored ADR (NYSE:IH) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,067 shares of the company’s stock, valued at approximately $32,000. Hedge funds and other institutional investors own 4.92% of the company’s stock.

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.