Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) currently has a daily average trading volume of 760.75K but it saw 8634021 shares traded in last market. With a market cap of 7.05M USD, the company’s current market price of $0.27 came falling about -44.94 while comparing to the previous closing price of $0.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.81 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.25 while lowest mark touched by it was $0.677.
Taking a look at 20-day trading activity of Meihua International Medical Technologies Co Ltd (MHUA) gives us an average price of $0.5349, while its current price level is -90.39% below from 52-week high level whereas it is -37.59% 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 $0.6158 while that of 200 days or SMA-200 reads an average of $0.7670. A closer look into the stock’s movement over the week reveals that its volatility is standing at 44.98% during that period while stretching the period over a month that decreases to 23.25%. 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 28.11 which implies that the stock is in oversold territory.
Over the week, MHUA’s stock price is moving -53.91% down while it is -49.94% when we observe its performance for the past one month. Year-to-date it is -81.76% down and over the past year, the stock is showing a downside performance of -87.84%.
Currently, Meihua International Medical Technologies Co Ltd’s total number of outstanding shares is 26.09M. Company’s return on investment (ROI) stands at 6.20% and return on equity (ROE) at 6.43%. It has a price to earnings ratio (P/E ratio) of 0.78. Stock’s beta reads 0.39. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is 5.43% on average.
