Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Meiwu Technology Company Ltd’s current trading price is -97.97% away from its 52-week high, while its distance from the 52-week low is 11.92%. The stock’s price range during this period has varied between $0.20 and $11.11. The company, active in the Consumer Cyclical sector, saw a trading volume of around 5.68 million for the day, considerably higher average daily volume of 2.95 million observed over the last three months.
Meiwu Technology Company Ltd’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.11 on 01/26/24, and the lowest price during that time was $0.20, recorded on 01/23/25.
How Financial Performance Impacts Market Capitalization
Meiwu Technology Company Ltd (WNW) has experienced a quarterly decline of -71.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.28M and boasts a workforce of 46 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0929, with a change in price of -0.5997. Similarly, Meiwu Technology Company Ltd recorded 1,905,440 in trading volume during the last 100 days, posting a change of -72.69%.
How WNW’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for WNW stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.00.
WNW Stock Stochastic Average
As of today, the raw stochastic average of Meiwu Technology Company Ltd over the past 50 days is 0.73%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 0.73%. Additionally, the Stochastic %K and %D values for the company were 0.35% and 0.61%, respectively, over the past 20 days.
WNW Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -89.17%. However, over the past six months, we’ve seen a stronger performance of -76.53%. The price of WNW leaped by -89.47% over the last 30 days. And in the last five days, it has fallen by -26.85%.