Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA) Could Soon Experience A Sharp Increase In Its Share Price.

In today’s recent session, 0.66 million shares of the Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) have been traded, and its beta is 0.46. Most recently the company’s share price was $0.71, and it changed around $0.03 or 4.71% from the last close, which brings the market valuation of the company to $18.45M. MHUA at last check was trading at a discount to its 52-week high of $2.81, offering almost -295.77% off that amount. The share price’s 52-week low was $0.60, which indicates that the recent value has risen by an impressive 15.49% since then. We note from Meihua International Medical Technologies Co Ltd’s average daily trading volume that its 10-day average is 1.62 million shares, with the 3-month average coming to 1.54 million.

Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) trade information

Instantly MHUA has been showing a green trend so far today with a performance of 4.71% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8570 on recent trading dayincreased the stock’s daily price by 17.15%. The company’s shares are currently down -52.23% year-to-date, but still down -11.40% over the last five days. On the other hand, Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) is -32.02% down in the 30-day period. We can see from the shorts that 43198.0 shares have been sold at a short interest cover period of 0.18 day(s).

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MHUA Dividends

Meihua International Medical Technologies Co Ltd’s next quarterly earnings report is expected to be released in November.

Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA)’s Major holders

RENAISSANCE TECHNOLOGIES LLC, with 0.1015% or 24300.0 shares worth $20702.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.