Meiwu Technology Company Ltd (NASDAQ:WNW) marked $0.09 per share on Friday, down from a previous closing price of $0.09. While Meiwu Technology Company Ltd has underperformed by -7.81%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WNW fell by -93.36%, with highs and lows ranging from $2.70 to $0.08, whereas the simple moving average fell by -49.21% in the last 200 days.
Analysis of Meiwu Technology Company Ltd (WNW)
In order to gain a clear picture of Meiwu Technology Company Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 3.37, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 3.60M can be a very valuable indicator of volatility for WNW stock. On a monthly basis, the volatility of the stock is set at 12.47%, whereas on a weekly basis, it is put at 7.87%, with a loss of -4.06% over the past seven days.
How Do You Analyze Meiwu Technology Company Ltd Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 43.81%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.47% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in WNW shares?
The recent increase in stakes in WNW appears to be a result of several institutional investors and hedge funds increasing their positions. The company now owns 74,929 shares of the stock, with a value of $8617.0, following the purchase of 74,929 additional shares during the last quarter. Renaissance Technologies LLC made another decreased to its shares in WNW during the first quarter, downing its stake by -46.59%.
At the end of the first quarter, Two Sigma Securities LLC increased its WNW holdings by 42.09% and now holds 40279.0 WNW shares valued at $4632.0 with the added 11932.0 shares during the period. WNW shares are owned by institutional investors to the tune of 0.47% at present.