Meiwu Technology Company Ltd (NASDAQ:WNW) does about 97.74K shares in volume on a normal day but saw 1922401 shares change hands in the recent trading day. The company now has a market cap of 2.86M USD. Its current market price is $0.85, marking an increase of 1.14% compared to the previous close of $0.84. The 52 week high reached by this stock is $11.11 whilst the lowest price level in 52 weeks is $0.71.
Meiwu Technology Company Ltd (WNW) has a 20-day trading average at $0.8012 and the current price is -92.39% off the 52-week high compared with 19.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8079 and its 200-day simple moving average is $0.9611. If we look at the stock’s price movements over the week, volatility stands at 4.67%, which increases to 4.82% 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 59.05 to suggest the stock is neutral.
The current price level is 5.47%, 4.59%, and -12.08% away from its SMA20, SMA50, and SMA200 respectively, with the WNW price moving below the 50-day SMA on current market day. Meiwu Technology Company Ltd (WNW) stock is up 3.05% over the week and 7.23% over the past month. Its price is -75.00% year-to-date and -71.66% over the past year.
The company has a return on investment of -176.88% and return on equity of -94.56%. The beta has a value of 1.23. Price to book ratio is 0.27 and price to sales ratio is 7.53.
