Meiwu Technology Company Ltd (NASDAQ:WNW) traded at $3.06 at close of the session on current trade day and made an upward move of 3.73% on its previous day’s price.
Looking at the stock we see that its previous close was $2.95 and the beta (5Y monthly) reads 1.175 with the day’s price range being $2.77 – $3.08. In terms of its 52-week price range, WNW has a high of $11.11 and a low of $0.71. The company’s stock has gained about 208.78% over that past 30 days.
Meiwu Technology Company Ltd has a market cap of $193.89 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the WNW stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 55.64% off its SMA20 and 135.88% from its 50-day simple moving average. The RSI (14) is pointing at 75.02 while the volatility over the past week is 36.85% and jumps to 25.88% over the past one month. The beta value is 0.90, while the average true range (ATR) is currently pointing at 0.46.
Coming back to Meiwu Technology Company Ltd (NASDAQ:WNW), we note that the average 3-month trading volume was 894.08K, while that of the preceding 10-day period stands at 4.56 million. Current shares outstanding are 63.36 million.
The insiders hold 37.48% of the company’s shares while institutions hold 0.08%. The data shows that short shares as of 2024-10-31, stood at 68948.0 at a short ratio of 0.69. This represents a 21.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 75510.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 47.12% up in year-to-date price movement.
