Multi Ways Holdings Ltd (MWG): Investing In A Time Of Crisis

Multi Ways Holdings Ltd (AMEX:MWG) currently has a daily average trading volume of 841.43K but it saw 1061938 shares traded in last market. With a market cap of 14.60M USD, the company’s current market price of $0.47 came rising about 1.50 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.78 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.466 while lowest mark touched by it was $0.5398.

Taking a look at 20-day trading activity of Multi Ways Holdings Ltd (MWG) gives us an average price of $0.4365, while its current price level is -39.32% below from 52-week high level whereas it is 145.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4489 while that of 200 days or SMA-200 reads an average of $0.3458. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.02% during that period while stretching the period over a month that decreases to 13.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.66 which implies that the stock is in neutral territory.

Over the week, MWG’s stock price is moving 7.62% up while it is 19.01% when we observe its performance for the past one month. Year-to-date it is 110.64% up and over the past year, the stock is showing an upside performance of 18.04%.

Currently, Multi Ways Holdings Ltd’s total number of outstanding shares is 30.84M. Stock’s beta reads 1.15.