CAHS China HGS Real Estate (NASDAQ:HGSH) Shares Up 12.9%

Shares of CAHS China HGS Real Estate, Inc. (NASDAQ:HGSH) were up 12.9% during mid-day trading on Thursday . The company traded as high as $1.28 and last traded at $1.22. Approximately 127,617 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 129,462 shares. The stock had previously closed at $1.08.

The firm’s fifty day moving average price is $0.88 and its 200-day moving average price is $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 quarterly earnings data on Wednesday, August 19th. The financial services provider reported ($0.01) earnings per share for the quarter. CAHS China HGS Real Estate had a negative net margin of 3.28% and a positive return on equity of 0.88%. The firm had revenue of $3.05 million during the quarter.

About CAHS China HGS Real Estate (NASDAQ:HGSH)

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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