Meiwu Technology (NASDAQ:WNW) Issues Quarterly Earnings Results

Meiwu Technology (NASDAQ:WNW) issued its earnings results on Wednesday. The company reported ($0.21) earnings per share (EPS) for the quarter, reports. The company had revenue of $2.43 million during the quarter.

Meiwu Technology Stock Performance

NASDAQ WNW opened at $1.92 on Friday. Meiwu Technology has a 1-year low of $1.80 and a 1-year high of $1,352.00. The business has a 50 day simple moving average of $2.29 and a two-hundred day simple moving average of $33.85.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Meiwu Technology in a report on Thursday, October 29th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has an average rating of “Sell”.

About Meiwu Technology

Meiwu Technology Co, Limited (NASDAQ: WNW), formerly known as Wunong Net Technology Co, Ltd., is a China-based company focused on the sale and distribution of agricultural and food products. Its business has centered on connecting consumers with fresh and packaged food through online and offline channels.

The company’s product offerings have included fresh produce, meat, seafood, grains, oils, eggs, dairy products, beverages and other agricultural goods. Meiwu Technology has used e-commerce and digital retail platforms to market these products, with operations primarily serving consumers in China.

The company was established as an agricultural products and food-commerce business and has historically emphasized the distribution of quality and traceable food products.