The Futility of Ruhnn Holding Limited (NASDAQ:RUHN)’s Fundamentals

Ruhnn Holding Limited (NASDAQ:RUHN) shares traded lower over the last trading session, losing -0.88% on 02/16/21. The shares fell to a low of $3.36 before closing at $3.38. Intraday shares traded counted 88627.0, which was 70.28% higher than its 30-day average trading volume of 298.23K. RUHN’s previous close was $3.41 while the outstanding shares total 84.23M. The firm The stock’s Relative Strength Index (RSI) is 64.28, with weekly volatility at 2.53% and ATR at 0.11. The RUHN stock’s 52-week price range has touched low of $2.26 and a $8.40 high.

Investors have identified the Internet Retail company Ruhnn Holding Limited as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $284.46 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Ruhnn Holding Limited (RUHN) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 148.05 million total, with 36.43 million as their total liabilities.

Is the stock of RUHN attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 18.21%.

1 out of 1 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Ruhnn Holding Limited. 0 analysts has assigned a Sell rating on the RUHN stock. The 12-month mean consensus price target for the company’s shares has been set at $4.20.

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