CAHS China HGS Real Estate, Inc. (NASDAQ:HGSH) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 75,500 shares, a decrease of 38.5% from the August 31st total of 122,700 shares. Based on an average trading volume of 118,000 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.1% of the company’s shares are short sold.
Shares of NASDAQ HGSH traded up $0.14 on Thursday, reaching $1.22. 127,617 shares of the company traded hands, compared to its average volume of 129,462. CAHS China HGS Real Estate has a fifty-two week low of $0.48 and a fifty-two week high of $4.40. The company has a 50 day moving average of $0.88 and a 200 day moving average of $0.66. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 0.11.
CAHS China HGS Real Estate (NASDAQ:HGSH) last issued its earnings results on Wednesday, August 19th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter. CAHS China HGS Real Estate had a positive return on equity of 0.88% and a negative net margin of 3.28%. The firm had revenue of $3.05 million for the quarter.
China HGS Real Estate Inc, through its subsidiaries, develops real estate properties in the People's Republic of China. The company engages in the construction and sale of residential apartments, parking lots, and commercial properties. It also develops multi-layer, sub-high-rise, and high-rise apartment buildings, as well as office buildings.
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