iHuman (NYSE:IH) Stock Price Down 1.6% – Here’s What Happened

Shares of iHuman Inc. Sponsored ADR (NYSE:IH) dropped 1.6% during mid-day trading on Tuesday . The company traded as low as $2.15 and last traded at $2.1750. Approximately 3,533 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 9,751 shares. The stock had previously closed at $2.21.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of iHuman in a research report on Monday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

iHuman Stock Performance

The firm has a market cap of $111.69 million, a P/E ratio of 7.50 and a beta of -0.07. The firm’s fifty day simple moving average is $2.64 and its 200 day simple moving average is $2.69.

Institutional Trading of iHuman

An institutional investor recently bought a new position in iHuman stock. Acadian Asset Management LLC acquired a new position in shares of iHuman Inc. Sponsored ADR (NYSE:IH) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,067 shares of the company’s stock, valued at approximately $32,000. 4.92% of the stock is owned by institutional investors.

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.