Company’s 36-month beta value is 1.30.
The public float for MWG is 8.56M, and currently, short sellers hold a 2.76% ratio of that floaft. The average trading volume of MWG on September 20, 2024 was 612.57K shares.
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MWG) stock’s latest price update
Multi Ways Holdings Ltd (AMEX: MWG) has experienced a decline in its stock price by -3.86 compared to its previous closing price of 0.44. However, the company has seen a fall of -6.87% in its stock price over the last five trading days. globenewswire.com reported 2024-06-14 that SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) — Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced a breakthrough equipment leasing agreement with the Ministry of Defence of Singapore.
MWG’s Market Performance
Multi Ways Holdings Ltd (MWG) has seen a -6.87% fall in stock performance for the week, with a -9.77% decline in the past month and a 12.80% surge in the past quarter. The volatility ratio for the week is 11.18%, and the volatility levels for the past 30 days are at 13.09% for MWG. The simple moving average for the past 20 days is -5.54% for MWG’s stock, with a 20.88% simple moving average for the past 200 days.
MWG Trading at -7.05% from the 50-Day Moving Average
After a stumble in the market that brought MWG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.77% of loss for the given period.
Volatility was left at 13.09%, however, over the last 30 days, the volatility rate increased by 11.18%, as shares sank -4.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.74% upper at present.
During the last 5 trading sessions, MWG fell by -6.87%, which changed the moving average for the period of 200-days by +55.51% in comparison to the 20-day moving average, which settled at $0.4469. In addition, Multi Ways Holdings Ltd saw 88.25% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MWG
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.23 for the gross margin
The net margin for Multi Ways Holdings Ltd stands at 0.05. The total capital return value is set at -0.12.
Currently, EBITDA for the company is -0.97 million with net debt to EBITDA at -2.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.52. The receivables turnover for the company is 4.3for trailing twelve months and the total asset turnover is 0.62.
Conclusion
In a nutshell, Multi Ways Holdings Ltd (MWG) has experienced a mixed performance in recent times. The stock has received mixed “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.
