Meihua International Medical Technologies (MHUA) Stock Price, News & Analysis

Company Overview

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. The company also distributes disposable medical devices sourced from other manufacturers to customers in China. In addition, it offers COVID-19 products comprising disposable medical masks. The company serves hospitals, pharmacies, medical institutions, and medical equipment companies. It also exports its products to Europe, North America, South America, Asia, Africa, and Oceania. The company was founded in 1991 and is based in Yangzhou, the People's Republic of China. Meihua International Medical Technologies Co., Ltd. operates as a subsidiary of Bright Accomplish Limited.

Key Stats

• Today's Range: $0.47 to $0.62
• 50-Day Range: $0.47 to $1.11
• 52-Week Range: $0.43 to $2.81
• Volume: 1.16 million shs
• Average Volume: 643,916 shs
• Market Capitalization: $14.76 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Meihua International Medical Technologies Stock Analysis - MarketRank™

Meihua International Medical Technologies scored higher than 10% of companies evaluated by MarketBeat, and ranked 937th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Meihua International Medical Technologies.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Meihua International Medical Technologies has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.12% of the float of Meihua International Medical Technologies has been sold short.

Short Interest Ratio / Days to Cover

Meihua International Medical Technologies has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Meihua International Medical Technologies has recently increased by 634.03%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Meihua International Medical Technologies does not currently pay a dividend.

Dividend Growth

Meihua International Medical Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.12% of the float of Meihua International Medical Technologies has been sold short.

Short Interest Ratio / Days to Cover

Meihua International Medical Technologies has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Meihua International Medical Technologies has recently increased by 634.03%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Meihua International Medical Technologies has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Medical companies.

Search Interest

Only 6 people have searched for MHUA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Meihua International Medical Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

66.56% of the stock of Meihua International Medical Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.17% of the stock of Meihua International Medical Technologies is held by institutions.

MHUA Stock Analysis - Frequently Asked Questions

How have MHUA shares performed this year?

Meihua International Medical Technologies' stock was trading at $1.48 at the beginning of 2024. Since then, MHUA shares have decreased by 64.3% and is now trading at $0.5279.
View the best growth stocks for 2024 here.

When did Meihua International Medical Technologies IPO?

Meihua International Medical Technologies (MHUA) raised $50 million in an IPO on Wednesday, February 16th 2022. The company issued 5,000,000 shares at $9.00-$11.00 per share. Prime Number Capital and Shengang Securities served as the underwriters for the IPO and Revere Securities and R.F. Lafferty & Co. were co-managers.

Who are Meihua International Medical Technologies' major shareholders?

Meihua International Medical Technologies' top institutional investors include Anson Funds Management LP (9.04%).

How do I buy shares of Meihua International Medical Technologies?

Shares of MHUA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Meihua International Medical Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Meihua International Medical Technologies investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), MSP Recovery (LIFW), MSP Recovery (LIFW), Palo Alto Networks (PANW) and Top KingWin (TCJH).

Company Calendar

• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:MHUA
• CUSIP: N/A
• CIK: 1835615
• Web: meihuamed.com
• Phone: 8605-14-8980-0199
• Fax: N/A
• Employees: 620
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.78
• Quick Ratio: 4.74

Sales & Book Value

• Annual Sales: $94.25 million
• Price / Sales: 0.14
• Cash Flow: $0.56 per share
• Price / Cash Flow: 0.94
• Book Value: $6.13 per share
• Price / Book: 0.09

Miscellaneous

• Outstanding Shares: 25,077,000
• Free Float: 8,386,000
• Market Cap: $13.24 million
• Optionable: Not Optionable
• Beta: 0.54