HWH International (NASDAQ:HWH) Shares Down 0.7% – Here’s Why

HWH International Inc. (NASDAQ:HWH) traded down 0.7% during mid-day trading on Thursday . The stock traded as low as $0.36 and last traded at $0.37. 247,942 shares were traded during mid-day trading, a decline of 99% from the average session volume of 18,098,006 shares. The stock had previously closed at $0.37.

HWH International Stock Down 0.7 %

The company’s fifty day simple moving average is $0.55 and its 200 day simple moving average is $0.65.

HWH International (NASDAQ:HWH) last posted its earnings results on Wednesday, November 6th. The company reported ($0.03) EPS for the quarter. The company had revenue of $0.35 million during the quarter.

Insider Activity

In other news, Director Heng Fai Ambrose Chan purchased 1,300,000 shares of the stock in a transaction on Tuesday, December 24th. The shares were acquired at an average price of $0.45 per share, for a total transaction of $585,000.00. Following the completion of the transaction, the director now directly owns 12,687,954 shares of the company’s stock, valued at approximately $5,709,579.30. This trade represents a 11.42 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 77.30% of the company’s stock.

About HWH International

HWH International Inc operates a marketplace to provide products and services for health, wealth, and happiness. The company operates through HWH Marketplace, Hapi Cafés, Hapi Travel, and Hapi Wealth Builder segments. The HWH Marketplace segment provides products manufactured by its affiliate companies at a discounted price to its members.