Dawnrays Pharmaceutical (Holdings) Limited
2348.HK is Down -0.89% today
You might want to check out Why is 2348.HK Down Today?
Why Is Dawnrays Pharmaceutical (Holdings) Limited (2348.HK) Stock Up Today?
Live update on 2348.HK's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
Dawnrays Pharmaceutical (Holdings) Limited (2348.HK) is trading down -0.89% at $1.11, reflecting a negative shift in investor sentiment today. The stock opened at $1.13 and has moved between $1.11 and $1.13 so far.
Trading volume is 332000, which is 152% above its average, and the price action suggests selling interest.
Technically, 2348.HK is trading below its 50-day moving average of $1.13 and below its 200-day moving average of $1.19, indicating short-term and long-term weakness.
Meyka's AI assigns 2348.HK a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +9.01% in 1 month ($1.21), +14.08% in 1 year ($1.27), and +20.98% in 5 years ($1.34).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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2348.HK Technical Signals
Trading below 50-day moving average ($1.13)
Trading below 200-day moving average ($1.19)
Price Forecast
1 Month
$1.21
1 Year
$1.27
3 Years
$1.31
5 Years
$1.34
Is this change significant?
5-Day:-2.63%
1-Month:-2.63%
3-Month:-8.26%
What's next?
Next earnings date: 7/30/2025