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 -67.73% away from its 52-week high, while its distance from the 52-week low is 61.08%. The stock’s price range over this period has fluctuated between $0.60 and $3.00. The company, operating within the financial sector, had a trading volume of approximately 0.58 million for the day, which was noticeably lower than the average daily share volume of 1.23 million over the last 3 months.
Meihua International Medical Technologies Co Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.00 on 12/27/23 and the lowest value was $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 51.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.65M 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 0.7842, with a change in price of +0.2621. Similarly, Meihua International Medical Technologies Co Ltd recorded 805,493 in trading volume during the last 100 days, posting a change of +37.12%.
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, Meihua International Medical Technologies Co Ltd’s raw stochastic average for the past 50 days stands at 41.10%, indicating a decline from the raw stochastic average of the last 20 days, which was 53.52%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 48.60% and 45.48% 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. This year’s metric has recorded a Price decrease of -34.59%. However, over the past six months, we’ve seen a weaker performance of 36.35%. The price of MHUA fallen by 18.06% over the last 30 days. And in the last five days, it has surged by 15.25%.
