Meiwu Technology Company Ltd (NASDAQ: WNW) Now -81.28% Off Its High ($11.11), Does Analysts See Headwinds And Risks?

Meiwu Technology Company Ltd (NASDAQ:WNW) currently has a daily average trading volume of 303.97K but it saw 1840547 shares traded in last market. With a market cap of 135.70M USD, the company’s current market price of $2.08 came rising about 2.97 while comparing to the previous closing price of $2.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.11 and as low as $0.71. In the recent trading on the day, stock has struck highest price mark of $1.64 while lowest mark touched by it was $2.23.

Taking a look at 20-day trading activity of Meiwu Technology Company Ltd (WNW) gives us an average price of $1.60, while its current price level is -81.28% below from 52-week high level whereas it is 192.96% 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 $1.13 while that of 200 days or SMA-200 reads an average of $0.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.03% during that period while stretching the period over a month that decreases to 20.08%. 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 62.55 which implies that the stock is in neutral territory.

Over the week, WNW’s stock price is moving 5.58% up while it is 112.46% when we observe its performance for the past one month. Year-to-date it is -38.46% down and over the past year, the stock is showing a downside performance of -38.46%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Meiwu Technology Company Ltd’s total number of outstanding shares is 63.36M. Company’s return on investment (ROI) stands at -176.88% and return on equity (ROE) at -94.56%. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 357.12. Its return on asset (ROA) is -56.04% on average.