The stock of Meiwu Technology Company Ltd (WNW) has gone up by 6.38% for the week, with a 9.30% rise in the past month and a 4.94% rise in the past quarter. The volatility ratio for the week is 7.27%, and the volatility levels for the past 30 days are 5.26% for WNW. The simple moving average for the past 20 days is 7.30% for WNW’s stock, with a -12.83% simple moving average for the past 200 days.
Is It Worth Investing in Meiwu Technology Company Ltd (NASDAQ: WNW) Right Now?
WNW has 36-month beta value of 1.21.
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The public float for WNW is 2.10M, and currently, short sellers hold a 3.28% ratio of that float. The average trading volume of WNW on November 18, 2024 was 96.67K shares.
WNW) stock’s latest price update
Meiwu Technology Company Ltd (NASDAQ: WNW)’s stock price has soared by 6.38 in relation to previous closing price of 0.80. Nevertheless, the company has seen a gain of 6.38% in its stock price over the last five trading days. globenewswire.com reported 2024-09-11 that Shenzhen, China, Sept. 11, 2024 (GLOBE NEWSWIRE) — Meiwu Technology Company Limited (“WNW” or the “Company”), (NASDAQ: WNW) announced today that on September 10, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).
WNW Trading at 4.84% 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 -92.35% of loss for the given period.
Volatility was left at 5.26%, however, over the last 30 days, the volatility rate increased by 7.27%, as shares surge +10.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.25% upper at present.
During the last 5 trading sessions, WNW rose by +6.38%, which changed the moving average for the period of 200-days by -29.75% in comparison to the 20-day moving average, which settled at $0.7921. In addition, Meiwu Technology Company Ltd saw -74.85% 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:
- -0.14 for the present operating margin
- 0.24 for the gross margin
The net margin for Meiwu Technology Company Ltd stands at -1.46. The total capital return value is set at -0.12. Equity return is now at value -108.47, with -54.85 for asset returns.
Based on Meiwu Technology Company Ltd (WNW), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -4.06.
Currently, EBITDA for the company is -1.33 million with net debt to EBITDA at 10.57. When we switch over and look at the enterprise to sales, we see a ratio of -1.02. The receivables turnover for the company is 3.67for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
To put it simply, Meiwu Technology Company Ltd (WNW) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
