The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) was $0.33 for the day, down -8.88% from the previous closing price of $0.36. In other words, the price has decreased by -$8.88 from its previous closing price. On the day, 1.0 million shares were traded. MHUA stock price reached its highest trading level at $0.3705 during the session, while it also had its lowest trading level at $0.2775.
Ratios:
Our analysis of MHUA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.93. For the most recent quarter (mrq), Quick Ratio is recorded 5.66 and its Current Ratio is at 5.71. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MHUA now has a Market Capitalization of 10432879 and an Enterprise Value of 6331243. As of this moment, Meihua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at 0.071 whereas that against EBITDA is 0.518.
Stock Price History:
The Beta on a monthly basis for MHUA is 0.74, which has changed by -0.5877193 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, MHUA has reached a high of $1.17, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -17.40%, while the 200-Day Moving Average is calculated to be -11.16%.
Shares Statistics:
MHUA traded an average of 168.67K shares per day over the past three months and 415300 shares per day over the past ten days. A total of 31.67M shares are outstanding, with a floating share count of 12.42M. Insiders hold about 61.08% of the company’s shares, while institutions hold 0.52% stake in the company. Shares short for MHUA as of 1759190400 were 6431 with a Short Ratio of 0.04, compared to 1756425600 on 15308. Therefore, it implies a Short% of Shares Outstanding of 6431 and a Short% of Float of 0.04.