Meiwu Technology Company Ltd (NASDAQ:WNW) does about 230.78K shares in volume on a normal day but saw 157006 shares change hands in the recent trading day. The company now has a market cap of 138.76M USD. Its current market price is $2.19, marking an increase of 11.17% compared to the previous close of $1.97. 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 $1.3900 and the current price is -80.29% off the 52-week high compared with 208.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.0300 and its 200-day simple moving average is $0.9800. If we look at the stock’s price movements over the week, volatility stands at 22.54%, which decreases to 15.48% 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 79.19 to suggest the stock is overbought.
The current price level is 58.09%, 112.21%, and 124.61% 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 37.92% over the week and 160.83% over the past month. Its price is -35.53% year-to-date and -0.60% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
The company has a return on investment of -176.88% and return on equity of -94.56%. The beta has a value of 1.09. Price to book ratio is 0.70 and price to sales ratio is 365.16.