Color Star Technology (NASDAQ:HHT) Shares Down 31.6%

Color Star Technology Co Ltd (NASDAQ:HHT)’s stock price dropped 31.6% on Wednesday . The company traded as low as $0.45 and last traded at $0.54. Approximately 30,761,666 shares traded hands during mid-day trading, an increase of 1,194% from the average daily volume of 2,377,546 shares. The stock had previously closed at $0.79.

The business’s 50 day moving average price is $1.00.

About Color Star Technology (NASDAQ:HHT)

Color Star Technology Co, Ltd., through its subsidiary, Sunway Kids International Education Group Ltd, engages in the education service business. It provides education and health services to day-care and preschools in China. The company also offers a structured system for early childhood education, including artificial intelligence (AI) and robotic technologies, intellectual campus administration software as a service system (SAAS System), and online education courses for kids and parents.

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