Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) was $0.15 for the day, down -2.42% from the previous closing price of $0.15. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 0.75 million shares were traded. MHUA stock price reached its highest trading level at $0.1517 during the session, while it also had its lowest trading level at $0.13.
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 0.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.29. 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 8128510 and an Enterprise Value of 456414624. As of this moment, Meihua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 5.097 whereas that against EBITDA is 37.369.
Stock Price History:
The Beta on a monthly basis for MHUA is 0.87, which has changed by -0.7536011 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, MHUA has reached a high of $0.76, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -53.37%, while the 200-Day Moving Average is calculated to be -59.53%.
Shares Statistics:
MHUA traded an average of 365.03K shares per day over the past three months and 4007 shares per day over the past ten days. A total of 31.67M shares are outstanding, with a floating share count of 15.97M. Insiders hold about 49.95% of the company’s shares, while institutions hold 0.40% stake in the company. Shares short for MHUA as of 1761868800 were 751 with a Short Ratio of 0.21, compared to 1759190400 on 64. Therefore, it implies a Short% of Shares Outstanding of 751 and a Short% of Float of 0.0.
