MHUA Stock: More Upside For Meihua International Medical Technologies Co Ltd (NASDAQ: MHUA)?

In the last trading session, 0.72 million Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) shares changed hands as the company’s beta touched 0.47. With the company’s per share price at $0.30 changed hands at $0.0 or -0.74% during last session, the market valuation stood at $7.72M. MHUA’s last price was a discount, traded about -390.0% off its 52-week high of $1.47. The share price had its 52-week low at $0.25, which suggests the last value was 16.67% up since then. When we look at Meihua International Medical Technologies Co Ltd’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 120.97K.

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

Instantly MHUA was in red as seen at the end of in last trading. With action -4.27%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.29%, with the 5-day performance at -4.27% in the red. However, in the 30-day time frame, Meihua International Medical Technologies Co Ltd (NASDAQ:MHUA) is -13.00% down. Looking at the short shares, we see there were 43443.0 shares sold at short interest cover period of 0.59 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.64%.

MHUA Dividends

Meihua International Medical Technologies Co Ltd is expected to release its next quarterly earnings report in May.

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

If we look at who the major shareholders are, we find that insiders hold 49.95% of Meihua International Medical Technologies Co Ltd shares while 0.80% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.60%. There are 0.80% institutions holding the Meihua International Medical Technologies Co Ltd stock share, with ANSON FUNDS MANAGEMENT LP the top institutional holder. As of 2024-06-30, the company held 2.7093% of the shares, roughly 0.65 million MHUA shares worth $0.55 million.

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

With 14.39 shares estimated at $4257.0 under it, the former controlled 0.06% of total outstanding shares.