Marwynn Holdings Inc (NASDAQ: MWYN) is -33.60% lower on its value in year-to-date trading and has touched a low of $2.25 and a high of $11.20 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 MWYN stock was last observed hovering at around $9.86 in the last trading session, with the day’s loss setting it -7.0%.
Currently trading at $2.86, the stock is -66.07% and -50.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.01 million and changing -71.04% at the moment leaves the stock -48.58% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $5.8015 and a 200-day simple moving average (SMA200) of $5.5525665.
The stock witnessed a -18.66% in the last 1 month, and is -71.34% 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 63.46% over the week and 30.26% over the month.
Distance from 52-week low is 26.89% and -74.51% from its 52-week high.
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Marwynn Holdings Inc (MWYN) Top Institutional Holders
5.0 institutions hold shares in Marwynn Holdings Inc (MWYN), with institutional investors hold 4.03% of the company’s shares. The shares outstanding are 17.05M, and float is at 2.04M with Short Float at 14.46%. Institutions hold 1.10% of the Float.
