Meiwu Technology Company Ltd [NASDAQ: WNW] price surged by 14.92 percent to reach at $0.16.
Guru’s Opinion on Meiwu Technology Company Ltd [WNW]:
The Average True Range (ATR) for Meiwu Technology Company Ltd is set at 0.39, with the Price to Sales ratio for WNW stock in the period of the last 12 months amounting to 10.34. The Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 0.97.
WNW Stock Performance Analysis:
Meiwu Technology Company Ltd [WNW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.79. With this latest performance, WNW shares dropped by -56.49% in over the last four-week period, additionally sinking by -92.16% over the last 6 months – not to mention a drop of -94.04% 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 WNW stock in for the last two-week period is set at 29.63, with the RSI for the last a single of trading hit 29.65, and the three-weeks RSI is set at 33.15 for Meiwu Technology Company Ltd [WNW]. The present Moving Average for the last 50 days of trading for this stock 2.7669, while it was recorded at 1.2128 for the last single week of trading, and 15.4107 for the last 200 days.
Insight into Meiwu Technology Company Ltd Fundamentals:
Meiwu Technology Company Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 2.64.
Meiwu Technology Company Ltd [WNW] Institutonal Ownership Details
There are presently around $0.16%, or 0.17%% of WNW stock, in the hands of institutional investors.
