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

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA)’s share price was up 3.3% during trading on Thursday . The company traded as high as $0.63 and last traded at $0.63. Approximately 14,091 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 400,625 shares. The stock had previously closed at $0.61.

Meihua International Medical Technologies Trading Up 3.3 %

The firm has a 50-day moving average price of $0.76 and a two-hundred day moving average price of $1.30.

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 purchased a new stake in Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 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.

About Meihua International Medical Technologies

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.