Growth Story Still Intact For Meihua International Medical Technologies Co Ltd (MHUA)

Meihua International Medical Technologies Co Ltd (MHUA) concluded trading on Wednesday at a closing price of $0.27, with 8.63 million shares of worth about $2.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -67.67% during that period and on December 18, 2024 the price saw a loss of about -44.94%. Currently the company’s common shares owned by public are about 26.09M shares, out of which, 10.16M shares are available for trading.

Stock saw a price change of -53.91% in past 5 days and over the past one month there was a price change of -49.94%. Year-to-date (YTD), MHUA shares are showing a performance of -81.76% which decreased to -87.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.43 but also hit the highest price of $2.81 during that period. The average intraday trading volume for Meihua International Medical Technologies Co Ltd shares is 760.75K. The stock is currently trading -49.52% below its 20-day simple moving average (SMA20), while that difference is down -56.15% for SMA50 and it goes to -64.80% lower than SMA200.

Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) currently have 26.09M outstanding shares and institutions hold larger chunk of about 9.41% of that.

The stock has a current market capitalization of $7.05M and its 3Y-monthly beta is at 0.39. PE ratio of stock for trailing 12 months is 0.78, while it has posted earnings per share of $0.34 in the same period. It has Quick Ratio of 4.74 while making debt-to-equity ratio of 0.08. 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 44.98% while standing at 23.25% over the month.

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