The stock market performance of Marwynn Holdings Inc has been fairly unsteady.
52-week price history of MWYN 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. Marwynn Holdings Inc’s current trading price is -90.54% away from its 52-week high, while its distance from the 52-week low is 31.01%. The stock’s price range for this period has remained between $0.81 and $11.20. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 3.69 million for the day, which was noticeably higher compared to the shares’ average daily volume of 2.17 million over the last three months.
Financial Performance and Market Capitalization
Marwynn Holdings Inc (MWYN) has experienced a quarterly decline of -65.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.07M.
Moving average and trading volume data
MWYN 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 MWYN stands at 2.29. Similarly, the long-term debt-to-equity ratio is also 1.44.
MWYN Stock Stochastic Average
As of today, the raw stochastic average of Marwynn Holdings Inc over the last 50 days is at 2.41%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 26.67%. Further, the company’s Stochastic %K and %D values for the last 20 days were 32.55% and 21.53%, respectively.
MWYN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective.
