HuaDi International Group (HUDI, Financial) experienced a notable stock price decline of 5.65%. The share price is currently at $1.98, with a trading volume of 14,599 shares and a turnover rate of 0.10%, reflecting a volatility of 3.33%.
Recent financial reports indicate that HUDI posted a revenue of $37.08 million, net profit of $804,512, earnings per share of $0.06, and a gross profit of $4.82 million. The current price-to-earnings ratio stands at 10.53.
In terms of institutional ratings, there are presently no buy, hold, or sell recommendations for HUDI. Within the steel industry, in which HUDI operates, there has been an overall decline of 1.41%. However, stocks like Grupo Simec, Hongli, and Algoma Steel Group have shown significant gains. Companies such as Universal Stainless & Alloy Products, U.S. Steel, and Cleveland-Cliffs have noted active trading, while stocks like ZK International, Hongli, and Algoma Steel Group have exhibited high volatility.
HuaDi International is a manufacturer of industrial stainless steel seamless pipes, serving industries like oil and gas, chemical engineering, and aerospace. Its products are exported to numerous countries, although the majority of its revenue is derived from China.
