Huadi International (HUDI, Financial) experienced a notable stock movement with a rapid increase of 6.63% in its share price. The stock is currently priced at $2.09 per share, with a trading volume of 7,861 shares, a turnover rate of 0.06%, and a price fluctuation of 3.32%.
Recent financial reports reveal that Huadi International generated a revenue of $37.08 million, with a net profit of $804,512. The earnings per share stand at $0.06, a gross profit of $4.82 million, and a price-to-earnings ratio of 10.79. Currently, no institutional ratings or recommendations are available for this stock.
In the steel industry, where Huadi International operates, there was an overall decline of 0.04%. Among its peers, stocks like Zhengkang International, Huadi International, and Metallus Inc. showed significant gains. Meanwhile, Cliffs Natural Resources, Metallus Inc., and U.S. Steel were more active, with turnover rates of 0.96%, 0.67%, and 0.55% respectively. Stocks with notable price fluctuations include Zhengkang International, Hongli, and Huadi International, with amplitudes of 9.21%, 7.63%, and 5.36% respectively.
Huadi International is a manufacturer of industrial stainless steel seamless pipes, serving sectors such as oil and gas transportation, chemical engineering, food processing, medical devices, aerospace, and more. The company exports to various countries including the United States, Mexico, Thailand, and Australia, with the majority of its revenue coming from China.
