Yesterday, Here to Serve Holding Corp (OTCMKTS:HTSC) was on the radars of many investors after it announced its financial results for the financial year that ended on September 30, 2021.
Trading Data
On Monday, HTSC stock jumped 6.43% to $0.0745 with more than 86.8k shares, compared to its average volume of 121k shares. The stock has moved within a range of $0.0728 – 0.0770 after opening trade at $0.0729.
Here To Serve Holding Corp. Reports Annual Net Income of $3.2 Million
The numbers proved to be strong and hence, it was perhaps not surprising that the stock ended up with gains of 6% for the day. That took the gains generated by the Here to Serve Holding Corp stock over the course of the past week to as much as 15%. It may now be a good idea for investors to take a closer look at some of the highlights from the financial results in order to have a better idea.
Here to Serve Holding Corp managed to bring in net income to the tune of as much as $3,215,722 for the fiscal year and that worked out to earnings of $.05 per basic share.
That worked out to a year on year rise of as much as 858% from the $335,587 that Here to Serve Holding Corp had generated in the form of net income in the prior year period. The revenues went up by more than 100% year on year to hit $1,336,294 for the fiscal year.
Technical Data
HTSC stock is above the 20-Day and 50-Day Moving averages of $0.0660 and $0.0663 respectively. However, the stock is trading below the 50-Day moving average of $0.0960.
