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Reach New Holdings Limited is currently in a long term uptrend where the price is trading 17.0% above its 200 day moving average.
From a valuation standpoint, the stock is 30.2% more expensive than other stocks from the Consumer Cyclical sector with a price to sales ratio of 6.3.
Reach New Holdings Limited's total revenue rose by 2.0% to $18M since the same quarter in the previous year.
Its net income has dropped by 41.0% to $-5M since the same quarter in the previous year.
Finally, its free cash flow fell by 283.4% to $-8M since the same quarter in the previous year.
Based on the above factors, Reach New Holdings Limited gets an overall score of 2/5.
| Sector | Consumer Cyclical |
|---|---|
| Industry | Textile Manufacturing |
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | KYG739531047 |
| Beta | -0.34 |
|---|---|
| Target Price | None |
| Market Cap | 124M |
| PE Ratio | None |
| Dividend Yield | None |
Reach New Holdings Limited, together with its subsidiaries, engages in manufacture and supply of garment accessories and labeling solutions in the People's Republic of China. It offers printed products, such as hangtags, price tags, and stickers; woven labels comprising woven brand and woven size labels, and badges; and printed labels, including printed brand, printed size, and care content labels. The company also sources and sells other garment accessories, such as tapes, hanging tablets, string locks, leather badges, buttons, and metal products. It serves garment brand companies, sourcing companies, and garment manufacturers. The company was incorporated in 2016 and is headquartered in Kowloon, Hong Kong.
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