The 36-month beta value for WNW is also noteworthy at 1.23.
The public float for WNW is 1.62M, and at present, short sellers hold a 5.37% of that float. The average trading volume of WNW on April 10, 2024 was 417.46K shares.
WNW) stock’s latest price update
The stock price of Meiwu Technology Company Ltd (NASDAQ: WNW) has jumped by 39.60 compared to previous close of 1.01. Despite this, the company has seen a gain of 42.42% in its stock price over the last five trading days. InvestorPlace reported 2023-12-05 that Meiwu Technology (NASDAQ: WNW ) stock is heading higher on Tuesday as investors pump up the shares before a delisting goes into effect. Meiwu Technology was sent a delisting notice by the Listing Qualifications Department of the Nasdaq Exchange late last month.
WNW’s Market Performance
WNW’s stock has risen by 42.42% in the past week, with a monthly rise of 16.53% and a quarterly drop of -53.31%. The volatility ratio for the week is 3.25% while the volatility levels for the last 30 days are 7.80% for Meiwu Technology Company Ltd The simple moving average for the last 20 days is 29.36% for WNW’s stock, with a simple moving average of -61.47% for the last 200 days.
WNW Trading at 4.49% from the 50-Day Moving Average
After a stumble in the market that brought WNW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.31% of loss for the given period.
Volatility was left at 7.80%, however, over the last 30 days, the volatility rate increased by 3.25%, as shares surge +4.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -82.45% lower at present.
During the last 5 trading sessions, WNW rose by +37.37%, which changed the moving average for the period of 200-days by -79.75% in comparison to the 20-day moving average, which settled at $1.0929. In addition, Meiwu Technology Company Ltd saw -58.28% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WNW
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.17 for the gross margin
The net margin for Meiwu Technology Company Ltd stands at -0.28. The total capital return value is set at -0.17. Equity return is now at value -23.55, with -13.72 for asset returns.
Based on Meiwu Technology Company Ltd (WNW), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 7.75.
Currently, EBITDA for the company is -10.11 million with net debt to EBITDA at -8.42. When we switch over and look at the enterprise to sales, we see a ratio of -0.55. The receivables turnover for the company is 4.09for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.57.
Conclusion
In summary, Meiwu Technology Company Ltd (WNW) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
