Meiwu Technology (NASDAQ:WNW) Major Shareholder Financial Lp Hrt Purchases 3,069 Shares

Meiwu Technology Company Limited (NASDAQ:WNW) major shareholder Financial Lp Hrt purchased 3,069 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average cost of $3.70 per share, with a total value of $11,355.30. Following the completion of the transaction, the insider directly owned 22,972 shares in the company, valued at $84,996.40. The trade was a 15.42% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Friday, May 8th, Financial Lp Hrt sold 9,054 shares of Meiwu Technology stock. The stock was sold at an average price of $3.66, for a total transaction of $33,137.64.

Meiwu Technology Stock Performance

Shares of NASDAQ WNW traded down $0.52 during trading on Monday, hitting $3.20. The stock had a trading volume of 49,483 shares, compared to its average volume of 506,388. Meiwu Technology Company Limited has a 12 month low of $2.80 and a 12 month high of $1,352.00. The firm has a fifty day moving average of $52.69 and a two-hundred day moving average of $117.94.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WNW. Wall Street Zen lowered shares of Meiwu Technology to a “strong sell” rating in a research note on Saturday, May 2nd. Weiss Ratings lowered shares of Meiwu Technology from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Meiwu Technology Company Profile

Wunong Net Technology Company Limited, a holding company, engages in the online retail of foods products in China. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also operates a restaurant under the Wunong Food Hall name; and engages in the wholesale of agricultural products. The company was formerly known as Advancement International Limited and changed its name to Wunong Net Technology Company Limited in August 2019.