Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) currently has a daily average trading volume of 1.29M but it saw 1489115 shares traded in last market. With a market cap of 26.22M USD, the company’s current market price of $1.03 came falling about -7.21 while comparing to the previous closing price of $1.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.81 and as low as $0.60. In the recent trading on the day, stock has struck highest price mark of $1.0 while lowest mark touched by it was $1.24.
Taking a look at 20-day trading activity of Meihua International Medical Technologies Co Ltd (MHUA) gives us an average price of $0.9669, while its current price level is -63.35% below from 52-week high level whereas it is 71.38% 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 $0.8952 while that of 200 days or SMA-200 reads an average of $0.9468. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.18% during that period while stretching the period over a month that increases to 14.92%. 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 55.88 which implies that the stock is in neutral territory.
Over the week, MHUA’s stock price is moving -7.21% down while it is 55.94% when we observe its performance for the past one month. Year-to-date it is -30.41% down and over the past year, the stock is showing a downside performance of -54.51%.
Currently, Meihua International Medical Technologies Co Ltd’s total number of outstanding shares is 23.94M. Company’s return on investment (ROI) stands at 7.94% and return on equity (ROE) at 8.17%. It has a price to earnings ratio (P/E ratio) of 2.12. Stock’s beta reads 0.40. Stock has a price to book (P/B) ratio of 0.17 while price to sale or P/S ratio amounts to 0.27. Its return on asset (ROA) is 6.93% on average.
