Witnessing the stock’s movement on the chart, on Thursday, Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) set off with pace as it heaved 5.81% to $0.69, before settling in for the price of $0.65 at the close. Taking a more long-term approach, MHUA posted a 52-week range of $0.43-$2.81.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 5.49%. Meanwhile, its Annual Earning per share during the time was -6.64%. This publicly-traded company’s shares outstanding now amounts to $23.94 million, simultaneously with a float of $10.16 million. The organization now has a market capitalization sitting at $17.91 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7933, while the 200-day Moving Average is $0.7938.
Meihua International Medical Technologies Co Ltd (MHUA) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Instruments & Supplies industry. Meihua International Medical Technologies Co Ltd’s current insider ownership accounts for 61.08%, in contrast to 9.41% institutional ownership.
Meihua International Medical Technologies Co Ltd (MHUA) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) Trading Performance Indicators
Let’s observe the current performance indicators for Meihua International Medical Technologies Co Ltd (MHUA). It’s Quick Ratio in the last reported quarter now stands at 4.74. The Stock has managed to achieve an average true range (ATR) of 0.09. Alongside those numbers, its PE Ratio stands at $2.00, and its Beta score is 0.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.19. Similarly, its price to free cash flow for trailing twelve months is now 2.10.
In the same vein, MHUA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.34.
Technical Analysis of Meihua International Medical Technologies Co Ltd (MHUA)
Going through the that latest performance of [Meihua International Medical Technologies Co Ltd, MHUA]. Its last 5-days volume of 0.65 million indicated improvement to the volume of 0.65 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 73.30% While, its Average True Range was 0.0907.
Raw Stochastic average of Meihua International Medical Technologies Co Ltd (MHUA) in the period of the previous 100 days is set at 24.49%, which indicates a major fall in contrast to 84.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 153.51% that was higher than 127.78% volatility it exhibited in the past 100-days period.