Highest Performances (NASDAQ:PUYI) Shares Down 5.5%

Highest Performances Holdings Inc. (NASDAQ:PUYIGet Free Report)’s share price fell 5.5% on Thursday . The stock traded as low as $8.03 and last traded at $8.56. 1,216 shares changed hands during trading, a decline of 83% from the average session volume of 7,181 shares. The stock had previously closed at $9.05.

Highest Performances Price Performance

The stock’s 50-day moving average is $8.05 and its 200 day moving average is $6.08.

Institutional Investors Weigh In On Highest Performances

A hedge fund recently bought a new stake in Highest Performances stock. Renaissance Technologies LLC bought a new stake in Highest Performances Holdings Inc. (NASDAQ:PUYIFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,617 shares of the company’s stock, valued at approximately $101,000.

Highest Performances Company Profile

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Highest Performances Holdings Inc engages in the provision of financial technology services in China. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also offers insurance consulting, trust consulting, asset management, wealth management, and other ancillary services.

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