Meiwu Technology (NASDAQ:WNW) Major Shareholder Sells $33,137.64 in Stock

Meiwu Technology Company Limited (NASDAQ:WNWGet Free Report) major shareholder Financial Lp Hrt sold 9,054 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $3.66, for a total transaction of $33,137.64. Following the sale, the insider owned 13,918 shares of the company’s stock, valued at $50,939.88. This trade represents a 39.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% 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 Thursday, May 7th, Financial Lp Hrt bought 3,069 shares of Meiwu Technology stock. The shares were purchased at an average price of $3.70 per share, with a total value of $11,355.30.

Meiwu Technology Stock Performance

WNW opened at $3.42 on Thursday. Meiwu Technology Company Limited has a 1-year low of $2.80 and a 1-year high of $1,352.00. The firm has a 50-day moving average price of $40.78 and a two-hundred day moving average price of $113.79.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings cut shares of Meiwu Technology from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, May 4th. Wall Street Zen cut shares of Meiwu Technology to a “strong sell” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on WNW

Meiwu Technology Company Profile

(Get Free Report)

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.

Further Reading

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