Happiness Development Group (NASDAQ:HAPP) Trading Down 3.3% – What’s Next?

Happiness Development Group Limited (NASDAQ:HAPP) traded down 3.3% on Wednesday . The company traded as low as $1.18 and last traded at $1.19. 76,390 shares traded hands during mid-day trading, an increase of 433% from the average session volume of 14,340 shares. The stock had previously closed at $1.23.

Happiness Development Group Trading Down 3.3%

The stock has a market cap of $8.28 million, a price-to-earnings ratio of 1.35 and a beta of 0.23. The company has a 50 day simple moving average of $1.61 and a 200-day simple moving average of $1.00.

Happiness Development Group Company Profile

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.