Meiwu Technology Company Ltd (NASDAQ: WNW) is -90.88% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $3.50 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 0.0%.
Currently trading at $0.19, the stock is -52.57% and -84.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.9 million and changing 2.38% at the moment leaves the stock -80.68% off its SMA200. WNW registered -83.93% loss for a year compared to 6-month gain of -77.69%. The firm has a 50-day simple moving average (SMA 50) of $1.24958 and a 200-day simple moving average (SMA200) of $0.985665.
The stock witnessed a -94.25% loss in the last 1 month and extending the period to 3 months gives it a -75.69%, and is 13.06% 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 16.85% over the week and 31.82% over the month.
Meiwu Technology Company Ltd (WNW) has around 46 employees, a market worth around $12.01M and $0.38M in sales. Profit margin for the company is -4242.04%. Distance from 52-week low is 22.01% and -94.58% 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 60.97M with Short Float at 3.90%.
Meiwu Technology Company Ltd (WNW) Insider Activity
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