Meihua International Medical Technologies (NASDAQ:MHUA) Trading 4.3% Higher

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA)’s stock price was up 4.3% during trading on Wednesday . The company traded as high as $1.04 and last traded at $1.01. Approximately 306,310 shares were traded during trading, a decline of 53% from the average daily volume of 651,258 shares. The stock had previously closed at $0.97.

Meihua International Medical Technologies Trading Up 4.3 %

The firm’s 50-day moving average price is $0.87 and its two-hundred day moving average price is $0.78.

Institutional Investors Weigh In On Meihua International Medical Technologies

A hedge fund recently bought a new stake in Meihua International Medical Technologies stock. Anson Funds Management LP purchased a new stake in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 370,949 shares of the company’s stock, valued at approximately $274,000. Anson Funds Management LP owned approximately 1.48% of Meihua International Medical Technologies at the end of the most recent reporting period. 1.17% of the stock is owned by institutional investors and hedge funds.

Meihua International Medical Technologies Company Profile

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.