Happy City (NASDAQ:HCHL) Releases Quarterly Earnings Results

Happy City (NASDAQ:HCHL) posted its quarterly earnings results on Monday. The company reported ($0.07) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $1.16 million during the quarter.

Happy City Stock Performance

Shares of HCHL opened at $3.96 on Monday. The business’s 50-day moving average is $3.96 and its 200-day moving average is $2.76. Happy City has a fifty-two week low of $0.80 and a fifty-two week high of $7.25.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Happy City stock. Citadel Advisors LLC boosted its stake in Happy City Holdings Limited (NASDAQ:HCHL) by 34.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,688 shares of the company’s stock after buying an additional 4,838 shares during the quarter. Citadel Advisors LLC owned approximately 0.10% of Happy City worth $63,000 at the end of the most recent quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Happy City in a report on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Happy City Company Profile

Headquartered in Hong Kong, we are a restaurant operator that operates three all-you-can-eat hotpot restaurant through our wholly-owned Operating Subsidiaries in Hong Kong. We have been in the restaurant services industry serving the Hong Kong market for over 5 years, which is a relatively short operating history compared to some of our established competitors. Our restaurants serves all-you-can-eat Thai and Japanese hotpot to our customers under the brand names “Thai Pot” and “Gyu! Gyu! Shabu Shabu”.