Meiwu Technology Company Ltd (NASDAQ: WNW) is 41.83% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WNW stock was last observed hovering at around $2.78 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $2.95, the stock is 57.86% and 135.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 18.74 million and changing 6.12% at the moment leaves the stock 190.71% off its SMA200. WNW registered -17.13% loss for a year compared to 6-month gain of 307.68%. The firm has a 50-day simple moving average (SMA 50) of $1.20854 and a 200-day simple moving average (SMA200) of $1.005875.
The stock witnessed a 208.88% loss in the last 1 month and extending the period to 3 months gives it a 247.47%, and is 28.26% 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 44.67% over the week and 25.66% over the month.
Meiwu Technology Company Ltd (WNW) has around 46 employees, a market worth around $199.86M and $0.38M in sales. Profit margin for the company is -4242.04%. Distance from 52-week low is 315.49% and -73.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-176.88%).
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Meiwu Technology Company Ltd (WNW) Top Institutional Holders
The shares outstanding are 63.36M, and float is at 39.61M with Short Float at 0.05%.
Meiwu Technology Company Ltd (WNW) Insider Activity
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