iHuman (NYSE:IH) Shares Down 0.9% – Here’s What Happened

Shares of iHuman Inc. Sponsored ADR (NYSE:IH) traded down 0.9% on Monday . The stock traded as low as $1.29 and last traded at $1.32. 3,742 shares changed hands during trading, a decline of 4% from the average session volume of 3,879 shares. The stock had previously closed at $1.3323.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of iHuman in a report on Friday, April 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, iHuman has a consensus rating of “Sell”.

iHuman Stock Down 0.9%

The company has a 50 day simple moving average of $1.41 and a 200 day simple moving average of $1.64. The company has a market capitalization of $67.47 million, a price-to-earnings ratio of 6.95 and a beta of 0.18.

Institutional Investors Weigh In On iHuman

An institutional investor recently bought a new position in iHuman stock. Acadian Asset Management LLC bought a new stake in iHuman Inc. Sponsored ADR (NYSE:IH) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 15,067 shares of the company’s stock, valued at approximately $32,000. Institutional investors own 4.92% of the company’s stock.

About iHuman

iHuman Inc provides intellectual development products to individual users, kindergartens, and distributors in the People’s Republic of China. The company offers interactive and self-directed learning apps, including iHuman Chinese, iHuman ABC, iHuman Pinyin, iHuman Magic Thinking, iHuman Books, iHuman Stories, iHuman Reading, iHumanpedia, iHuman Kids Workout, iHuman Coding, iHuman Fun Idioms, iHuman Little Artists, iHuman Writing, iHuman Fantastic Friends, and iHuman Readers; bekids Coding, bekids Coloring, bekids Reading, bekids Puzzle, bekids Academy, and Gogo Town; and Aha World, an open-ended interactive app that nurtures a desire for discovery.