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What Do Analysts Think Of Meiwu Technology Company Limited (WNW)

Meiwu Technology Company Limited (WNW) saw an uptrend of 10.27% in the recent trading with $0.25 being its most recent. The current price level -92.39% lower than the highest price of $3.27 marked by the stock while trading over the past 52-weeks, whereas it is 37.57% higher than the lowest price of $0.18 the company dropped to over past 52-weeks. The latest news story on WNW appeared in Simply Wall St. under the title “Meiwu Technology First Half 2022 Earnings: US$0.14 loss per share (vs US$0.049 loss in 1H 2021)” on Nov-27-22.

Squeezing the time span to 30 day period shows us the stock is currently trading -9.45% below one month high and is +37.57% above of the lowest during that time. Looking into the simple moving average, Meiwu Technology Company Limited (WNW)’s stock stands at a SMA-50 of $0.9261 while that of 5-day is reading $0.2304.

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Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and WNW’s SMA-200 as of now is $0.8089.

Meiwu Technology Company Limited Earnings – What Happened With WNW

Coming around sales and income figures on WNW Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.17 billion.

WNW – Meiwu Technology Company Limited Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 39.38 million. WNW does have institutional investors; and they hold 0.40% of the stock.

Meiwu Technology Company Limited – Insider Activity and Holdings

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Meiwu Technology Company Limited was 7.35 while posting a debt to equity ratio of 0.22.

Technical Analysis of Meiwu Technology Company Limited (NASDAQ:WNW) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Meiwu Technology Company Limited (WNW), we notice that the stock’s 20-day average volume is at 5,030,900 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 2,977,960 shares. And to end, WNW’s 100-day average volume is 1,775,930 shares with 50% of the long-term indicators pointing towards Sell for the stock.

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