In recent trading, shares of HongEn (IH, Financial) experienced a sharp decline, falling by 5.13% to $1.85. The stock saw a trading volume of 11,322 shares, with a turnover rate of 0.02% and a price fluctuation of 3.72%.
HongEn's latest financial report indicates revenue of $29.70 million, net income of $3.41 million, earnings per share of $0.06, and a gross profit of $20.95 million. The price-to-earnings ratio stands at 5.16. Currently, there are no institutional ratings such as "buy," "hold," or "sell" for this stock.
Within the education services industry, the overall growth was 0.14%. Notably, stocks such as Ambow Education, Chegg, Inc., and NetEase Youdao showed significant increases. Chegg, Inc., Ambow Education, and several others had higher activity levels, with Chegg, Inc. recording a turnover rate of 3.55%. Visionary Holdings Inc., among others, exhibited the largest price fluctuations.
HongEn is a China-based company that leverages artificial intelligence to create tech-driven educational products for children, aiming to make parenting easier and learning more enjoyable for kids. Most of its revenue comes from subscription fees for premium online content and offline products, primarily in mainland China.
