Hong Yuan Holding Group (OTCMKTS:HGYN) Announces Quarterly Earnings Results

Hong Yuan Holding Group (OTCMKTS:HGYN) released its quarterly earnings data on Friday. The company reported $999.00 earnings per share (EPS) for the quarter, Zacks reports. Hong Yuan Holding Group had a negative return on equity of 47.33% and a net margin of 5.71%.

Hong Yuan Holding Group Trading Down 8.2%

HGYN traded down $0.01 during trading on Friday, reaching $0.09. 15,007 shares of the company’s stock were exchanged, compared to its average volume of 19,501. Hong Yuan Holding Group has a one year low of $0.00 and a one year high of $0.24. The firm has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.07.

Hong Yuan Holding Group Company Profile

Hong Yuan Holding Group does not have significant operations. Previously, it was engaged in the development and commercialization of bio-based resins. The company was formerly known as Cereplast, Inc and changed its name to Hong Yuan Holding Group in June 2021. Hong Yuan Holding Group was incorporated in 2001 and is based in Zhengzhou, China.