Happiness Development Group (NASDAQ:HAPP) Stock Price Down 9% – Here’s Why

Happiness Development Group Limited (NASDAQ:HAPPGet Free Report)’s stock price was down 9% during mid-day trading on Monday . The company traded as low as $2.03 and last traded at $2.23. Approximately 2,399,616 shares traded hands during trading, an increase of 16,634% from the average daily volume of 14,340 shares. The stock had previously closed at $2.45.

Happiness Development Group Trading Down 9.0%

The firm’s fifty day moving average is $0.51 and its 200 day moving average is $0.74. The company has a market cap of $15.51 million, a PE ratio of 1.35 and a beta of 0.23.

Happiness Development Group Company Profile

(Get Free Report)

Happiness Development Group Limited engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures.

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