At the time of writing, Meihua International Medical Technologies Co Ltd [MHUA] stock is trading at $0.72, down -3.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MHUA shares have gain 3.43% over the last week, with a monthly amount drifted -29.02%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
For the past year, the stock price of Meihua International Medical Technologies Co Ltd fluctuated between $0.60 and $2.81. Meihua International Medical Technologies Co Ltd [NASDAQ: MHUA] shares were valued at $0.72 at the most recent close of the market.
Analyzing the MHUA fundamentals
According to Meihua International Medical Technologies Co Ltd [NASDAQ:MHUA], the company’s sales were 94.25M for trailing twelve months, which represents an -5.91% plunge. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.06 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6642 points at the first support level, and at 0.6045 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8095, and for the 2nd resistance point, it is at 0.8951.
Ratios To Look Out For
It is important to note that Meihua International Medical Technologies Co Ltd [NASDAQ:MHUA] has a current ratio of 4.78. As well, the Quick Ratio is 4.74, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 0.20, the price to book ratio is 0.13 and price to earnings (TTM) ratio is 2.10.
