In terms of market performance, Meihua International Medical Technologies Co Ltd had a somewhat inconsistent run in. The highest value for the stock in the past year was $2.81 on 12/27/23, while the lowest value was $0.60 on 04/16/24.
52-week price history of MHUA Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Meihua International Medical Technologies Co Ltd’s current trading price is -70.60% away from its 52-week high, while its distance from the 52-week low is 37.44%. The stock’s price range for this period has remained between $0.60 and $2.81. The Healthcare sector company’s shares managed to surpass a trading volume of around 1.58 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.29 million over the last three months.
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Financial Performance and Market Capitalization
Meihua International Medical Technologies Co Ltd (MHUA) has experienced a quarterly decline of -16.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.55M and boasts a workforce of 617 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8692, with a change in price of +0.1960. Similarly, Meihua International Medical Technologies Co Ltd recorded 896,301 in trading volume during the last 100 days, posting a change of +31.11%.
MHUA 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 MHUA stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
MHUA Stock Stochastic Average
As of today, the raw stochastic average of Meihua International Medical Technologies Co Ltd over the past 50 days is 30.89%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 30.71%. Additionally, the Stochastic %K and %D values for the company were 12.97% and 7.43%, respectively, over the past 20 days.
MHUA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -44.19% this year. Over the last six months, there has been a weaker performance of 35.41%. The price of MHUA leaped by -25.59% during the last 30 days period. For the last 5-days stocks have improved 10.13%.
