Meiwu Technology Company Ltd (NASDAQ: WNW) is -89.04% lower on its value in year-to-date trading and has touched a low of $0.25 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 $0.26 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.23, the stock is -87.97% and -83.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.34 million and changing -13.18% at the moment leaves the stock -78.06% off its SMA200. WNW registered -95.61% loss for a year compared to 6-month gain of -79.82%. The firm has a 50-day simple moving average (SMA 50) of $1.40828 and a 200-day simple moving average (SMA200) of $1.04303.
The stock witnessed a -87.40% loss in the last 1 month and extending the period to 3 months gives it a -70.39%, and is -76.00% down 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 36.20% over the week and 39.29% over the month.
Meiwu Technology Company Ltd (WNW) has around 46 employees, a market worth around $14.45M and $0.38M in sales. Profit margin for the company is -4242.04%. Distance from 52-week low is -9.20% and -97.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-176.88%).
The shares outstanding are 63.36M, and float is at 60.97M with Short Float at 0.27%.
