For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) closed at $0.69 in the last session, up 5.81% from day before closing price of $0.65. In other words, the price has increased by $5.81 from its previous closing price. On the day, 0.56 million shares were traded. MHUA stock price reached its highest trading level at $0.7351 during the session, while it also had its lowest trading level at $0.6141.
Ratios:
We take a closer look at MHUA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.10. For the most recent quarter (mrq), Quick Ratio is recorded 4.74 and its Current Ratio is at 4.78. In the meantime, Its Debt-to-Equity ratio is 0.08 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 17918612 and an Enterprise Value of 11194814. As of this moment, Meihua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at 0.119 whereas that against EBITDA is 0.938.
Stock Price History:
Over the past 52 weeks, MHUA has reached a high of $2.81, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -13.44%, while the 200-Day Moving Average is calculated to be -13.49%.
Shares Statistics:
According to the various share statistics, MHUA traded on average about 668.58K shares per day over the past 3-months and 566340 shares per day over the past 10 days. A total of 23.94M shares are outstanding, with a floating share count of 10.16M. Insiders hold about 61.08% of the company’s shares, while institutions hold 9.41% stake in the company. Shares short for MHUA as of 1730332800 were 317081 with a Short Ratio of 0.47, compared to 1727654400 on 92814. Therefore, it implies a Short% of Shares Outstanding of 317081 and a Short% of Float of 3.1199999999999997.
