Meiwu Technology Company Ltd (NASDAQ: WNW) is -91.82% lower on its value in year-to-date trading and has touched a low of $0.19 and a high of $8.53 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 $0.19 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.17, the stock is -87.30% and -87.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.84 million and changing -12.54% at the moment leaves the stock -83.19% off its SMA200. WNW registered -97.80% loss for a year compared to 6-month gain of -82.29%. The firm has a 50-day simple moving average (SMA 50) of $1.33974 and a 200-day simple moving average (SMA200) of $1.01718.
The stock witnessed a -92.60% loss in the last 1 month and extending the period to 3 months gives it a -78.86%, and is -16.73% 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 16.07% over the week and 37.41% over the month.
Meiwu Technology Company Ltd (WNW) has around 46 employees, a market worth around $10.78M and $0.38M in sales. Profit margin for the company is -4242.04%. Distance from 52-week low is -10.42% and -98.00% 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 3.90%.
