Meiwu Technology (NASDAQ:WNW) Announces Earnings Results

Meiwu Technology (NASDAQ:WNW) issued its earnings results on Wednesday. The company reported ($0.21) EPS for the quarter, reports. The company had revenue of $2.43 million for the quarter.

Meiwu Technology Stock Down 0.3%

NASDAQ:WNW opened at $1.97 on Thursday. Meiwu Technology has a 1-year low of $1.90 and a 1-year high of $1,352.00. The firm’s 50-day moving average price is $2.30 and its 200-day moving average price is $34.62.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Meiwu Technology in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has an average rating of “Sell”.

About Meiwu Technology

Meiwu Technology Co, Limited (NASDAQ: WNW), formerly known as Wunong Net Technology Co, Ltd., is a China-based company focused on the sale and distribution of agricultural and food products. Its business has centered on connecting consumers with fresh and packaged food through online and offline channels.

The company’s product offerings have included fresh produce, meat, seafood, grains, oils, eggs, dairy products, beverages and other agricultural goods. Meiwu Technology has used e-commerce and digital retail platforms to market these products, with operations primarily serving consumers in China.

The company was established as an agricultural products and food-commerce business and has historically emphasized the distribution of quality and traceable food products.