Multi Ways Holdings Ltd [AMEX: MWG] surged by $0.1 during the normal trading session on while it closed the day at $0.42.
Multi Ways Holdings Ltd stock has also loss -2.05% of its value over the past 7 days. However, MWG stock has inclined by 25.34% in the 3 months of the year. Over the past six months meanwhile, it has gained 83.15% and gained 89.10% year-on date.
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The market cap for MWG stock reached $13.10 million, with 30.84 million shares outstanding and 10.26 million shares in the current float. Compared to the average trading volume of 400.51K shares, MWG reached a trading volume of 13233126 in the most recent trading day, which is why market watchdogs consider the stock to be active.
MWG stock trade performance evaluation
Multi Ways Holdings Ltd [MWG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.05. With this latest performance, MWG shares gained by 35.06% in over the last four-week period, additionally plugging by 83.15% over the last 6 months – not to mention a drop of -33.05% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MWG stock in for the last two-week period is set at 55.44, with the RSI for the last a single of trading hit 55.82, and the three-weeks RSI is set at 55.20 for Multi Ways Holdings Ltd [MWG]. The present Moving Average for the last 50 days of trading for this stock 0.3422, while it was recorded at 0.3639 for the last single week of trading, and 0.3252 for the last 200 days.
Multi Ways Holdings Ltd [MWG]: Institutional Ownership
The top three institutional holders of MWG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in MWG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in MWG stock with ownership which is approximately 5.8386%.
