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HUDI - Huadi International Is Small Player In A Consolidating Industry
February, 19 2022 01:54 AM
Huadi International Group Co. Ltd.
Huadi International Group went public in January 2021, raising $25 million in gross proceeds in a U.S. IPO. The firm manufactures various types of stainless steel pipes and tubes for China and overseas customers. HUDI has grown reasonably well but faces industry consolidation and slow domestic economic growth ahead. My near-term outlook on HUDI is a Hold. For further details see:
Huadi International Is Small Player In A Consolidating Industry
Stock Information
Company Name:
Huadi International Group Co. Ltd.
Stock Symbol:
HUDI
Market:
NASDAQ
Website:
huadigroup.com
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