Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA): Do Not Miss The Gain Train

Meihua International Medical Technologies Co Ltd (MHUA) concluded trading on Thursday at a closing price of $0.92, with 17.02 million shares of worth about $15.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -72.94% during that period and on Thursday the price saw a loss of about -17.12%. Currently the company’s common shares owned by public are about 23.94M shares, out of which, 8.00M shares are available for trading.

However, the stock later moved at a day high price of 1.2600, or with a loss of -17.12%. Stock saw a price change of -3.26% in past 5 days and over the past one month there was a price change of 0.51%. Year-to-date (YTD), MHUA shares are showing a performance of -37.84% which decreased to -94.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.85 but also hit the highest price of $45.49 during that period. The average intraday trading volume for Meihua International Medical Technologies Co Ltd shares is 293.27K. The stock is currently trading -3.45% below its 20-day simple moving average (SMA20), while that difference is down -33.51% for SMA50 and it goes to -59.39% lower than SMA200.

Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) currently have 23.94M outstanding shares and institutions hold larger chunk of about 1.16% of that.

The stock has a current market capitalization of $22.02M and its 3Y-monthly beta is at 0.58. PE ratio of stock for trailing 12 months is 3.26, while it has posted earnings per share of $0.28 in the same period. It has Quick Ratio of 5.62 while making debt-to-equity ratio of 0.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MHUA, volatility over the week remained 18.64% while standing at 11.52% over the month.

Analysts are in expectations that Meihua International Medical Technologies Co Ltd (MHUA) stock would likely to be making an EPS of -$ in the current quarter, while forecast for next quarter EPS is -$ and it is -$ for next year. For the current quarter EPS, analysts have given the company a lowest target -$ which is -$ at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$ in the same quarter a year ago.

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