Meiwu Technology Company Ltd (NASDAQ: WNW) is -70.42% lower on its value in year-to-date trading and has touched a low of $0.71 and a high of $11.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WNW stock was last observed hovering at around $0.96 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.00, the stock is 22.06% and 22.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 4.16% at the moment leaves the stock 4.40% off its SMA200. WNW registered -64.56% loss for a year compared to 6-month loss of -2.45%. The firm has a 50-day simple moving average (SMA 50) of $0.81034 and a 200-day simple moving average (SMA200) of $0.95904.
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The stock witnessed a 23.41% gain in the last 1 month and extending the period to 3 months gives it a 21.20%, and is 25.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.14% over the week and 6.19% over the month.
Meiwu Technology Company Ltd (WNW) has around 46 employees, a market worth around $3.36M and $0.38M in sales. Profit margin for the company is -4242.04%. Distance from 52-week low is 40.83% and -91.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-176.88%).
The shares outstanding are 2.92M, and float is at 2.10M with Short Float at 3.32%.
