NEWA - ニュ―ウォ―タ―・テクノロジ― （Newater Technology Inc.）

YANTAI, China, July 13, 2021 /PRNewswire/ -- Newater Technology, Inc. (NASDAQ: NEWA) ("NEWA", or the "Company"), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and

Newater Technology Inc (NEWA) shares closed today 10.9% higher than it did at the end of yesterday. The stock is currently flat year-to-date, up 5.0% over the past 12 months, and down 57.9% over the past five years. Today, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.4%. Trading Activity Shares traded as high as $4.05 and as low as $3.32 this week.Shares closed 24.6% below its 52-week high and 39.0% above its 52-week low.Trading volume this week was 73.0% lower than the 10-day average and 39.6% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date is the same as the peer average. The company's stock price performance over the past 12 months beats the peer average by 300.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 300.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

YANTAI, China , June 19, 2021 /PRNewswire/ -- Newater Technology, Inc. (NASDAQ: NEWA) (" NEWA ", or the " Company "), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced that on 17 June 2021 the Commercial Division of the Eastern Caribbean Supreme Court in the British Virgin Islands (the " BVI Court "), discharged an injunction that had been obtained on 16 March 2021 on an ex parte basis by Fulcan Capital Partners LLC, a Nevada limited liability company (" Fulcan "). Fulcan had sought to prevent the Company, the members of the board of directors, and Tigerwind Group Limited (a special purpose vehicle wholly owned by Mr. Yuebiao Li, Chairman and Chief Executive Officer of the Company), from taking any steps to proceed with the proposed "going private" merger transaction. In response to the ex parte order, the Company applied to discharge the injunction on the basis that Fulcan had breached its duty of full and frank disclosure when applying for the injunction.