Meiwu Technology Company Ltd (NASDAQ: WNW) Recovers 19.05% From 52-Week Low, Is WNW Still A High-Risk, High-Reward Play?

Meiwu Technology Company Ltd (NASDAQ:WNW) currently has a daily average trading volume of 3.90M but it saw 1522027 shares traded in last market. With a market cap of 11.72M USD, the company’s current market price of $0.19 came falling about -11.19 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.50 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1831 while lowest mark touched by it was $0.2089.

Taking a look at 20-day trading activity of Meiwu Technology Company Ltd (WNW) gives us an average price of $0.2219, while its current price level is -94.71% below from 52-week high level whereas it is 19.05% 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 $1.2051 while that of 200 days or SMA-200 reads an average of $0.9729. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.73% during that period while stretching the period over a month that increases to 32.37%. 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 32.42 which implies that the stock is in neutral territory.

Over the week, WNW’s stock price is moving 12.94% up while it is -93.83% when we observe its performance for the past one month. Year-to-date it is -91.11% down and over the past year, the stock is showing a downside performance of -86.69%.

The company is expected to be releasing its next quarterly report in March, 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 with 33.15% of that held by the insiders while 0.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -176.88% and return on equity (ROE) at -94.56%. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 30.84. Its return on asset (ROA) is -56.04% on average.