Marwynn Holdings Inc [NASDAQ: MWYN] stock went on a downward path that fall over -0.20% on Thursday, amounting to a one-week price increase of more than 4.56%.
The market cap for the stock reached $168.11 million, with 17.05 million shares outstanding and 2.04 million shares in the current float. Compared to the average trading volume of 935.18K shares, MWYN stock reached a trading volume of 3133477 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Marwynn Holdings Inc [MWYN]:
The Average True Range (ATR) for Marwynn Holdings Inc is set at 1.07 The Price to Book ratio for the last quarter was 70.01, with the Price to Cash per share for the same quarter was set at 0.01.
MWYN Stock Performance Analysis:
Marwynn Holdings Inc [MWYN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.56.
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 MWYN stock in for the last two-week period is set at 67.48, with the RSI for the last a single of trading hit 65.93, and the three-weeks RSI is set at 67.53 for Marwynn Holdings Inc [MWYN]. The present Moving Average for the last 50 days of trading for this stock 5.83, while it was recorded at 9.70 for the last single week of trading.
Insight into Marwynn Holdings Inc Fundamentals:
Marwynn Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.33 and a Current Ratio set at 1.17.
