Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Meihua International Medical Technologies Co Ltd’s current trading price is -75.11% away from its 52-week high, while its distance from the 52-week low is 65.22%. The stock’s price range over this period has fluctuated between $0.60 and $3.99. The company, operating within the financial sector, had a trading volume of approximately 1.13 million for the day, which was noticeably higher than the average daily share volume of 59400.0 over the last 3 months.
Meihua International Medical Technologies Co Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.99 on 08/10/23, while the lowest price for the same period was registered at $0.60 on 04/16/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Meihua International Medical Technologies Co Ltd (MHUA) has experienced a quarterly rise of 36.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.28M and boasts a workforce of 617 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7485, with a change in price of +0.0330. Similarly, Meihua International Medical Technologies Co Ltd recorded 290,802 in trading volume during the last 100 days, posting a change of +3.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MHUA stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.00.
MHUA Stock Stochastic Average
Today’s raw stochastic average for Meihua International Medical Technologies Co Ltd over the last 50 days is 87.30%.This indicates a increase from the raw stochastic average of the past 20 days, which was 86.43%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 81.91% and 83.32%, respectively.
MHUA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -32.91%.However, over the last six months, we can see a stronger performance of -44.53%. Over the last 30 days, the price of MHUA has fallen by 52.77%. And in the last five days, it has surged by 14.94%.
