Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA): Another Stock Investors Should Watch

During the last session, Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA)’s traded shares were 1.59 million, with the beta value of the company hitting 0.44. At the end of the trading day, the stock’s price was $0.65, reflecting an intraday gain of 26.71% or $0.14. The 52-week high for the MHUA share is $2.81, that puts it down -332.31 from that peak though still a striking 33.85% gain since the share price plummeted to a 52-week low of $0.43. The company’s market capitalization is $16.94M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 645.20K shares over the past three months.

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

Meihua International Medical Technologies Co Ltd (MHUA) registered a 26.71% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 26.71% in intraday trading to $0.65, hitting a weekly high. The stock’s 5-day price performance is 25.41%, and it has moved by -7.29% in 30 days. Based on these gigs, the overall price performance for the year is -66.55%. The short interest in Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) is 0.32 million shares and it means that shorts have 0.36 day(s) to cover.

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An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -6.64%.

MHUA Dividends

Meihua International Medical Technologies Co Ltd is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 24300.0 shares, is of RENAISSANCE TECHNOLOGIES LLC’s that is approximately 0.1015% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20702.0.