Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA – Get Rating) rose 1.7% during mid-day trading on Wednesday . The stock traded as high as $3.07 and last traded at $2.99. Approximately 23,109 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 92,856 shares. The stock had previously closed at $2.94.
Meihua International Medical Technologies Stock Performance
The company has a current ratio of 5.60, a quick ratio of 5.55 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average price is $3.55 and its two-hundred day moving average price is $10.49.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Meihua International Medical Technologies stock. Tower Research Capital LLC TRC purchased a new stake in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA – Get Rating) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 4,763 shares of the company’s stock, valued at approximately $31,000. 0.05% of the stock is currently owned by hedge funds and other institutional investors.
About Meihua International Medical Technologies
Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. It offers class I, II, and III disposable medical devices. The company's products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.
Featured Stories
- Get a free copy of the StockNews.com research report on Meihua International Medical Technologies (MHUA)
- Game-Changing News For AMD And Its Shareholders
- How to Read Stock Charts for Beginners
- Can Chegg’s AI Pivot Save It From Disruption?
- Best Investment Strategy in 2023: Determine the Right One for You
- Enovix: A Rising Power in the Lithium-Ion Industry
Receive News & Ratings for Meihua International Medical Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meihua International Medical Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
