Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) currently has a daily average trading volume of 944.48K but it saw 245447 shares traded in last market. With a market cap of 8.41M USD, the company’s current market price of $0.32 came falling about -8.13 while comparing to the previous closing price of $0.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.47 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.315 while lowest mark touched by it was $0.3497.
Taking a look at 20-day trading activity of Meihua International Medical Technologies Co Ltd (MHUA) gives us an average price of $0.3982, while its current price level is -78.09% below from 52-week high level whereas it is 28.84% 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 $0.5040 while that of 200 days or SMA-200 reads an average of $0.7393. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.30% during that period while stretching the period over a month that increases to 21.61%. 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 35.81 which implies that the stock is in neutral territory.
Over the week, MHUA’s stock price is moving -6.66% down while it is -31.51% when we observe its performance for the past one month. Year-to-date it is -6.66% down and over the past year, the stock is showing a downside performance of -69.61%.
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 0.94. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is 5.43% on average.
