Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) was $0.32 for the day, down -0.25% from the previous closing price of $0.32. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 0.85 million shares were traded. MHUA stock price reached its highest trading level at $0.35 during the session, while it also had its lowest trading level at $0.3018.
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 0.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.97. 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 10110537 and an Enterprise Value of 1545328. As of this moment, Meihua’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.92. 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 0.016 whereas that against EBITDA is 0.129.
Stock Price History:
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 -33.96%, while the 200-Day Moving Average is calculated to be -56.74%.
Shares Statistics:
MHUA traded an average of 970.84K shares per day over the past three months and 296810 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 0.09, compared to 1732838400 on 47435. Therefore, it implies a Short% of Shares Outstanding of 91716 and a Short% of Float of 0.5700000000000001.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.