In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Meihua International Medical Technologies Co Ltd’s stock clocked out at $0.32, up 6.16% from its previous closing price of $0.30. In other words, the price has increased by $6.16 from its previous closing price. On the day, 0.52 million shares were traded. MHUA stock price reached its highest trading level at $0.328 during the session, while it also had its lowest trading level at $0.292.
Ratios:
To gain a deeper understanding of MHUA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.98. 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 10171155 and an Enterprise Value of 1594906. As of this moment, Meihua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at 0.017 whereas that against EBITDA is 0.134.
Stock Price History:
The Beta on a monthly basis for MHUA is 0.48, which has changed by -0.6569892 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, MHUA has reached a high of $1.47, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -27.02%, while the 200-Day Moving Average is calculated to be -55.65%.
Shares Statistics:
It appears that MHUA traded 767.28K shares on average per day over the past three months and 373940 shares per day over the past ten days. A total of 26.09M 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 1735603200 were 91716 with a Short Ratio of 0.12, compared to 1732838400 on 47435. Therefore, it implies a Short% of Shares Outstanding of 91716 and a Short% of Float of 0.5700000000000001.
