iHuman (NYSE:IH) Stock Price Down 2.4% – What’s Next?

iHuman Inc. Sponsored ADR (NYSE:IH) shares fell 2.4% during mid-day trading on Monday . The stock traded as low as $1.20 and last traded at $1.22. Approximately 9,052 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 11,102 shares. The stock had previously closed at $1.25.

iHuman Stock Performance

The business has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $1.58. The stock has a market capitalization of $65.42 million, a price-to-earnings ratio of 6.74 and a beta of 0.18.

Hedge Funds Weigh In On iHuman

An institutional investor recently bought a new position in iHuman stock. Acadian Asset Management LLC purchased a new position in shares of 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 (SEC). The institutional investor purchased 15,067 shares of the company’s stock, valued at approximately $32,000. Institutional investors own 4.92% of the company’s stock.

iHuman Company Profile

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.