Puhui Wealth Investment Managemnt’s (NASDAQ:PHCF) quiet period will expire on Tuesday, February 5th. Puhui Wealth Investment Managemnt had issued 2,000,000 shares in its IPO on December 27th. The total size of the offering was $12,000,000 based on an initial share price of $6.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Shares of PHCF opened at $5.24 on Tuesday. Puhui Wealth Investment Managemnt has a 12 month low of $4.50 and a 12 month high of $6.30.

TRADEMARK VIOLATION WARNING: This story was reported by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.watchlistnews.com/puhui-wealth-investment-managemnt-co-ltds-quiet-period-will-expire-on-february-5th-nasdaqphcf/2778058.html.

Puhui Wealth Investment Managemnt Company Profile

Puhui Wealth Investment Management Co, Ltd., through its subsidiaries, provides third-party wealth management services in the People's Republic of China. It manages funds for individuals and corporate clients. The company was founded in 2013 and is headquartered in Beijing, China.

See Also: What is a conference call?

Receive News & Ratings for Puhui Wealth Investment Managemnt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Puhui Wealth Investment Managemnt and related companies with MarketBeat.com's FREE daily email newsletter.