Understanding Meiwu Technology Company Ltd (WNW)’s financial health through ratios

Meiwu Technology Company Ltd (NASDAQ: WNW) closed the day trading at $0.09 down -7.81% from the previous closing price of $0.09. In other words, the price has decreased by -$0.0079 from its previous closing price. On the day, 540435 shares were traded. WNW stock price reached its highest trading level at $0.0959 during the session, while it also had its lowest trading level at $0.0800.

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Ratios:

For a better understanding of WNW, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 3.58. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.29.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WNW now has a Market Capitalization of 8.56M and an Enterprise Value of -7.47M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at -0.68 whereas that against EBITDA is 2.05.

Stock Price History:

Over the past 52 weeks, WNW has reached a high of $2.70, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is 0.1034, while the 200-Day Moving Average is calculated to be 0.1664.

Shares Statistics:

Over the past 3-months, WNW traded about 3.60M shares per day on average, while over the past 10 days, WNW traded about 758.02k shares per day. A total of 60.95M shares are outstanding, with a floating share count of 34.24M. Insiders hold about 43.81% of the company’s shares, while institutions hold 0.47% stake in the company. Shares short for WNW as of Oct 30, 2023 were 772.65k with a Short Ratio of 0.77M, compared to 73.26k on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.77% and a Short% of Float of 0.77%.

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