Meihua International Medical Technologies (NASDAQ:MHUA) Shares Up 8.1% – Here’s Why

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUAGet Free Report)’s share price was up 8.1% on Wednesday . The company traded as high as $0.2384 and last traded at $0.2299. Approximately 213,397 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 702,582 shares. The stock had previously closed at $0.2126.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Meihua International Medical Technologies in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Meihua International Medical Technologies presently has a consensus rating of “Sell”.

Read Our Latest Analysis on MHUA

Meihua International Medical Technologies Stock Up 8.1%

The business has a fifty day moving average of $0.34 and a 200-day moving average of $0.38.

Meihua International Medical Technologies Company Profile

(Get Free Report)

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its 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.

Read More

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.