Anchoring Your Portfolio: Is WNW Stock a Safe Harbor?

Meiwu Technology Company Ltd (WNW) current stock price is $0.09. During the last trading session, the stock soared, reaching $0.0959 after opening at $0.0959. The stock’s lowest point was $0.08 before it closed at $0.09.

The stock market performance of Meiwu Technology Company Ltd has been fairly unsteady. Over the last year, the company’s stock hit its highest at $2.70 on 12/14/22, while the lowest price during the same time frame was $0.08, recorded on 11/17/23.

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52-week price history of WNW Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Meiwu Technology Company Ltd’s current trading price is -96.85% away from its 52-week high, while its distance from the 52-week low is 3.41%. The stock’s price range during this period has fluctuated between $0.08 and $2.70. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 0.54 million for the day, which was evidently lower than the average daily volume of 3.6 million over the last three months.

Financial Performance and Market Capitalization

Meiwu Technology Company Ltd (WNW) has experienced a quarterly decline of -45.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.18M and boasts a workforce of 53 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1349, with a change in price of -0.1038. Similarly, Meiwu Technology Company Ltd recorded 2,397,148 in trading volume during the last 100 days, posting a change of -54.98%.

WNW Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WNW stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.29.

WNW Stock Stochastic Average

The raw stochastic average for Meiwu Technology Company Ltd over the last 50 days is presently at 4.40%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 10.59%. Further, the company’s Stochastic %K and %D values for the last 20 days were 16.79% and 17.74%, respectively.

WNW Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -55.50%. However, over the last six months, the performance has been stronger by -55.26%. The price of WNW decreased -11.92% over the last 30 days. And in the last five days, it has fallen by -4.06%.

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