The price-to-earnings ratio for Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) is 1.56x, which is above its average ratio. Moreover, the 36-month beta value for MHUA is 0.38.
The public float for MHUA is 8.72M and currently, short sellers hold a 1.53% of that float. On May 08, 2024, MHUA’s average trading volume was 402.92K shares.
MHUA) stock’s latest price update
Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA)’s stock price has gone rise by 11.89 in comparison to its previous close of 0.68, however, the company has experienced a 10.09% increase in its stock price over the last five trading days. PRNewsWire reported 2024-05-07 that Meihua International Medical Technologies Co., Ltd. invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.
MHUA’s Market Performance
Meihua International Medical Technologies Co Ltd (MHUA) has experienced a 10.09% rise in stock performance for the past week, with a 8.37% rise in the past month, and a -20.99% drop in the past quarter. The volatility ratio for the week is 7.96%, and the volatility levels for the past 30 days are at 7.79% for MHUA. The simple moving average for the past 20 days is 12.85% for MHUA’s stock, with a -53.28% simple moving average for the past 200 days.
MHUA Trading at 6.22% from the 50-Day Moving Average
After a stumble in the market that brought MHUA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.30% of loss for the given period.
Volatility was left at 7.79%, however, over the last 30 days, the volatility rate increased by 7.96%, as shares surge +5.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.64% upper at present.
During the last 5 trading sessions, MHUA rose by +10.09%, which changed the moving average for the period of 200-days by -70.14% in comparison to the 20-day moving average, which settled at $0.6743. In addition, Meihua International Medical Technologies Co Ltd saw -48.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MHUA
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.34 for the gross margin
The net margin for Meihua International Medical Technologies Co Ltd stands at 0.13. The total capital return value is set at 0.13. Equity return is now at value 8.17, with 6.93 for asset returns.
Based on Meihua International Medical Technologies Co Ltd (MHUA), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 149.05.
Currently, EBITDA for the company is 15.92 million with net debt to EBITDA at -0.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.08. The receivables turnover for the company is 1.22for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.71.
Conclusion
To wrap up, the performance of Meihua International Medical Technologies Co Ltd (MHUA) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
