Meihua International Medical Technologies (NASDAQ:MHUA) Shares Up 3.3%

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) shot up 3.3% during trading on Thursday . The stock traded as high as $0.63 and last traded at $0.63. 14,091 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 400,625 shares. The stock had previously closed at $0.61.

Meihua International Medical Technologies Price Performance

The company’s fifty day simple moving average is $0.75 and its 200 day simple moving average is $1.29.

Institutional Trading of Meihua International Medical Technologies

An institutional investor recently bought a new position in Meihua International Medical Technologies stock. Geode Capital Management LLC bought a new position in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,753 shares of the company’s stock, valued at approximately $47,000. Geode Capital Management LLC owned 0.07% of Meihua International Medical Technologies at the end of the most recent reporting period. 1.17% of the stock is currently owned by hedge funds and other institutional investors.

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.