Application iHuman (IH), the new education era?

Application iHuman (IH), the new education era?

02/05/2022 

Company Overview and The Android App

Application iHuman Inc. provides childhood educational products and services to individual users, education organizations, and distributors in China. iHuman also serves students worldwide. The Company offers products, digital content, and courses for children at various stages of development through interactive and self-directed learning apps. The company was founded in 1996 and is based in Beijing. 

What 's happening? 

On Mar 24th, 2022, application IH announced its unaudited financial results for the fourth quarter and fiscal year ended Dec 31st, 2021. They had total revenues for $37.3M USD, which translates in a year-over-year increase of 25.5%; with an operating loss of $1.7M USD.They also had a diluted net loss per ADS in 2021 of -$0.11USD. When Installing Application.

Technical analysis 

From Jan 12th to Mar 14th, 2022, the share price dropped -68.68% to trade at $1.10. From Mar 14th to Mar 23rd, 2022, the share price went up 126.15% to trade at $2.48. From Mar 25th to Apr 21st, 2022, the share price went up 63.43% to trade at $3.28. From Apr 21st to Apr 26th, 2022, the share price went down -24.24% to trade at $2.50. From Apr 26th to Apr 29th, 2022, the share price went up 39.34% to trade at $3.47. The stock is currently trading at $2.76. The MACD shows the stock currently at an uptrend while the RSI is over the neutral zone but getting closer to it. application According to our instruments (True Signal Trend), the share price could fall around -10.93%, reaching $2.57. Later it could keep growing around 33.99% to trade at $3.43 in the short term. Twitter Android App.