Happiness Biotech Group Limited (NASDAQ:HAPP) moved up 5.62% in a month: Spotting A Buy Candidate

Happiness Biotech Group Limited (NASDAQ:HAPP) shares fell to a low of $1.6501 before closing at $1.69. Intraday shares traded counted 2.08 million, which was -781.06% lower than its 30-day average trading volume of 236.59K. HAPP’s previous close was $1.66 while the outstanding shares total 25.04M. The firm has a 12-month trailing P/E ratio of 5.63. The stock’s Relative Strength Index (RSI) is 43.84, with weekly volatility at 4.70% and ATR at 0.07. The HAPP stock’s 52-week price range has touched low of $1.60 and a $3.23 high. The stock traded higher over the last trading session, gaining 1.81% on 06/14/21.

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Investors have identified the Drug Manufacturers – Specialty & Generic company Happiness Biotech Group 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 $44.60 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.

Happiness Biotech Group Limited (HAPP) 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. For HAPP, the company has in raw cash 43.8 million on their books with 2.36 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 75.42 million total, with 5.88 million as their total liabilities.

Is the stock of HAPP attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 51.06%.