Quhuo Limited: The Losing Streak Continues (QH)

July 15, 2021 12:50:40

Shares of Quhuo Limited (NASDAQ:QH) traded at a new 52-week low today of $3.21. Approximately 174,000 shares have changed hands today, as compared to an average 30-day volume of 128,000 shares.

Quhuo Ltd is a workforce operational solution platform in China. The company provides tech-enabled, end-to-end operational solutions to blue-chip on-demand consumer service businesses in industries with e-commerce exposure, including food delivery, ride-hailing, housekeeping, and bike-sharing. It derives all of its revenue from the PRC. Its revenue is categorized in On-demand delivery solutions; Shared-bike maintenance solutions; Ride-hailing solutions; and Housekeeping solutions and other services. The On-demand delivery solutions act as a major revenue driver for the firm.

Based on a current price of $3.22, Quhuo Limited is currently 0.3% above its average consensus analyst price target of $3.21.

Over the past year, Quhuo Limited has traded in a range of $3.21 to $13.70 and is now at $3.22.

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