Wunong Net Technology stock hits 52-week low at $0.14

Wunong Net Technology Co Ltd (WNW) stock has plummeted to a 52-week low, touching a price level of just $0.14. According to InvestingPro data, the company’s overall financial health score is rated as WEAK, with notably high price volatility being a characteristic of the stock. This significant drop reflects a stark 88.57% decline over the past year, underscoring a challenging period for the company. Despite maintaining a healthy current ratio of 2.64 and impressive gross profit margins of 45.29%, investors have witnessed the stock’s value erode from higher valuations, marking a tough phase in Wunong Net Technology’s market performance. The 52-week low serves as a critical indicator for the company’s current standing in the market and may prompt stakeholders to reassess the firm’s future prospects and underlying fundamentals. InvestingPro subscribers can access 14 additional key insights about WNW’s financial health and market position.

In other recent news, Meiwu Technology Company Limited has been notified by Nasdaq that it no longer meets the minimum bid price requirement for continued listing. The company’s share price has remained below $1.00 for 30 consecutive business days, prompting this notification. To regain compliance, Meiwu Technology must elevate its share price to at least $1.00 for 10 consecutive business days by August 26, 2025. Failure to achieve this could result in delisting, although the company might receive an additional 180 days if it meets other listing standards. Meiwu Technology has not detailed its future plans to address this compliance issue. The company’s filings with the Securities and Exchange Commission offer further insight into its current situation. This development reflects the ongoing challenges Meiwu Technology faces in maintaining its Nasdaq listing.

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