Multi Ways Holdings Ltd (AMEX:MWG) does about 1.14M shares in volume on a normal day but saw 756318 shares change hands in the recent trading day. The company now has a market cap of 15.86M USD. Its current market price is $0.51, marking an increase of 16.54% compared to the previous close of $0.44. The 52 week high reached by this stock is $0.78 whilst the lowest price level in 52 weeks is $0.19.
Multi Ways Holdings Ltd (MWG) has a 20-day trading average at $0.4335 and the current price is -34.05% off the 52-week high compared with 167.21% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4292 and its 200-day simple moving average is $0.3351. If we look at the stock’s price movements over the week, volatility stands at 13.32%, which increases to 13.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 60.22 to suggest the stock is neutral.
#####
#####
#####
The current price level is 18.93%, 20.34%, and 54.17% away from its SMA20, SMA50, and SMA200 respectively, with the MWG price moving below the 50-day SMA on current market day. Multi Ways Holdings Ltd (MWG) stock is up 9.72% over the week and 6.01% over the past month. Its price is 128.92% year-to-date and 36.98% over the past year.
#####
#####
Outstanding shares total 30.84M with insiders holding 72.26% of the shares and institutional holders owning 0.17% of the company’s common stock. The beta has a value of 1.30.
#####
