Hudson Capital Inc. [HUSN] Stock trading around $0.59 per share: What’s Next?

Hudson Capital Inc. [NASDAQ: HUSN] stock went on an upward path that rose over 35.38% on Monday, amounting to a one-week price increase of more than 40.21%. The company report on July 29, 2020 that HUDSON CAPITAL INC. ANNOUNCES $1.6 MILLION REGISTERED DIRECT OFFERING.

Hudson Capital Inc. (Nasdaq: HUSN) today announced it has entered into definitive agreements with investors for the purchase and sale of 3,555,556 ordinary shares at a purchase price of $0.45 per share in a registered direct offering. The closing of the offering is expected to occur on or about July 31, 2020, subject to the satisfaction of customary closing conditions.

Chardan Capital Markets LLC is acting as sole placement agent for the offering.

Over the last 12 months, HUSN stock dropped by -63.19%.

The market cap for the stock reached $18.95 million, with 22.11 million shares outstanding and 19.48 million shares in the current float. Compared to the average trading volume of 1.09M shares, HUSN stock reached a trading volume of 76842539 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Hudson Capital Inc. [HUSN]:

The Average True Range (ATR) for Hudson Capital Inc. is set at 0.09, with the Price to Sales ratio for HUSN stock in the period of the last 12 months amounting to 13.54. The Price to Book ratio for the last quarter was 5.35, with the Price to Cash per share for the same quarter was set at 0.00.

HUSN Stock Performance Analysis:

Hudson Capital Inc. [HUSN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 40.21. With this latest performance, HUSN shares gained by 47.23% in over the last four-week period, additionally plugging by 14.33% over the last 6 months – not to mention a drop of -63.19% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HUSN stock in for the last two-week period is set at 68.47, with the RSI for the last a single of trading hit 79.32, and the three-weeks RSI is set at 63.20 for Hudson Capital Inc. [HUSN]. The present Moving Average for the last 50 days of trading for this stock 0.4565, while it was recorded at 0.4598 for the last single week of trading, and 0.6006 for the last 200 days.

Insight into Hudson Capital Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Hudson Capital Inc. [HUSN] shares currently have an operating margin of -1584.20 and a Gross Margin at +98.24. Hudson Capital Inc.’s Net Margin is presently recorded at -1742.08.

Return on Total Capital for HUSN is now -167.29, given the latest momentum, and Return on Invested Capital for the company is -183.96. Return on Equity for this stock declined to -183.96, with Return on Assets sitting at -171.23.

Reflecting on the efficiency of the workforce at the company, Hudson Capital Inc. [HUSN] managed to generate an average of -$6,199,576 per employee. Receivables Turnover for the company is 0.10 with a Total Asset Turnover recorded at a value of 0.10.Hudson Capital Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 2.70.

Hudson Capital Inc. [HUSN] Insider Position Details

There are presently around $1 million, or 7.90% of HUSN stock, in the hands of institutional investors. The top three institutional holders of HUSN stocks are: MMCAP INTERNATIONAL INC. SPC with ownership of 1,418,405, which is approximately New of the company’s market cap and around 65.75% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 952,291 shares of the stock with an approximate value of $0.56 million in HUSN stocks shares; and UBS GROUP AG, currently with $43000.0 in HUSN stock with ownership of nearly 2659.116% of the company’s market capitalization.

6 institutional holders increased their position in Hudson Capital Inc. [NASDAQ:HUSN] by around 1,752,909 shares. Additionally, 1 investors decreased positions by around 24,480 shares, while 3 investors held positions by with 761,301 shares. The mentioned changes placed institutional holdings at 2,538,690 shares, according to the latest SEC report filing. HUSN stock had 4 new institutional investments in for a total of 1,498,484 shares, while 1 institutional investors sold positions of 24,480 shares during the same period.

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