Meihua International Medical Technologies Co Ltd [NASDAQ: MHUA] price plunged by -0.97 percent to reach at -$0.01.
Guru’s Opinion on Meihua International Medical Technologies Co Ltd [MHUA]:
The Average True Range (ATR) for Meihua International Medical Technologies Co Ltd is set at 0.10, with the Price to Sales ratio for MHUA stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 0.66. Price to Free Cash Flow for MHUA in the course of the last twelve months was 23.82 with Quick ratio for the last quarter at 4.65.
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MHUA Stock Performance Analysis:
Meihua International Medical Technologies Co Ltd [MHUA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.95. With this latest performance, MHUA shares gained by 2.72% in over the last four-week period, additionally sinking by -1.92% over the last 6 months – not to mention a drop of -60.47% 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 MHUA stock in for the last two-week period is set at 62.92, with the RSI for the last a single of trading hit 63.20, and the three-weeks RSI is set at 61.92 for Meihua International Medical Technologies Co Ltd [MHUA]. The present Moving Average for the last 50 days of trading for this stock 0.8461, while it was recorded at 1.0220 for the last single week of trading, and 1.1074 for the last 200 days.
Insight into Meihua International Medical Technologies Co Ltd Fundamentals:
Meihua International Medical Technologies Co Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.65 and a Current Ratio set at 4.71.
Meihua International Medical Technologies Co Ltd [MHUA] Institutonal Ownership Details
The top three institutional holders of MHUA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in MHUA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in MHUA stock with ownership which is approximately 5.1238%.
