Multi Ways Holdings Ltd [AMEX: MWG] surged by $0.0 during the normal trading session on Wednesday and reaching a high of $0.3 during the day while it closed the day at $0.22.
Multi Ways Holdings Ltd stock has also loss -2.26% of its value over the past 7 days. However, MWG stock has declined by -19.96% in the 3 months of the year. Over the past six months meanwhile, it has lost -19.68% and lost -42.69% year-on date.
The market cap for MWG stock reached $7.50 million, with 33.33 million shares outstanding and 9.26 million shares in the current float. Compared to the average trading volume of 88.92K shares, MWG reached a trading volume of 6314052 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Multi Ways Holdings Ltd [MWG]:
The Price to Book ratio for the last quarter was 0.51, with the Price to Cash per share for the same quarter was set at 0.07.
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 -2.26. With this latest performance, MWG shares dropped by -16.03% in over the last four-week period, additionally sinking by -19.68% over the last 6 months – not to mention a drop of -20.75% 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 40.77, with the RSI for the last a single of trading hit 0.0293, and the three-weeks RSI is set at 0.0246 for Multi Ways Holdings Ltd [MWG]. The present Moving Average for the last 50 days of trading for this stock 0.2586, while it was recorded at 0.2196 for the last single week of trading, and 0.2787 for the last 200 days.
Multi Ways Holdings Ltd [MWG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Multi Ways Holdings Ltd [MWG] shares currently have an operating margin of -6.31% and a Gross Margin at 31.25%. Multi Ways Holdings Ltd’s Net Margin is presently recorded at -9.26%.
Multi Ways Holdings Ltd (MWG) Capital Structure & Debt Analysis
Multi Ways Holdings Ltd (MWG) Efficiency & Liquidity Metrics
Based on Multi Ways Holdings Ltd’s (MWG) latest financial statements, the Debt-to-Equity Ratio is 1.81%, indicating its reliance on debt financing relative to shareholder equity.
Multi Ways Holdings Ltd (MWG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Multi Ways Holdings Ltd. (MWG) effectively leverages its workforce, generating an average of -$25000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.45% and a Quick Ratio of 0.44%, indicating strong ability to cover short-term liabilities.
Multi Ways Holdings Ltd [MWG]: Institutional Ownership
There are presently around $0.40%, or 1.54%% of MWG stock, in the hands of institutional investors.
