Are Analysts Too Bullish On Meiwu Technology Company Ltd (WNW)

Meiwu Technology Company Ltd (NASDAQ:WNW) currently has a daily average trading volume of 2.25M but it saw 1701350 shares traded in last market. With a market cap of 7.76M USD, the company’s current market price of $2.11 came falling about -13.88 while comparing to the previous closing price of $2.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $70.00 and as low as $0.95. In the recent trading on the day, stock has struck highest price mark of $2.1 while lowest mark touched by it was $2.42.

Taking a look at 20-day trading activity of Meiwu Technology Company Ltd (WNW) gives us an average price of $1.74, while its current price level is -96.99% below from 52-week high level whereas it is 122.13% 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 $2.71 while that of 200 days or SMA-200 reads an average of $15.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.35% during that period while stretching the period over a month that decreases to 18.23%. 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 47.87 which implies that the stock is in neutral territory.

Over the week, WNW’s stock price is moving 59.27% up while it is -34.31% when we observe its performance for the past one month. Year-to-date it is -94.93% down and over the past year, the stock is showing a downside performance of -90.23%.

The company is expected to be releasing its next quarterly report in May, 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 26.15M with 1.99% of that held by the insiders while 0.16% 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 0.65. Stock has a price to book (P/B) ratio of 0.68 while price to sale or P/S ratio amounts to 20.42. Its return on asset (ROA) is -56.04% on average.