NFT Ltd. (MI) Down -75.84% From Its 52-Week High, But Growth Potential Is Changing Over Time

NFT Ltd. (AMEX:MI) currently has a daily average trading volume of 121.95K but it saw 829385 shares traded in last market. With a market cap of 5.29M USD, the company’s current market price of $7.55 came falling about -4.19 while comparing to the previous closing price of $7.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.25 and as low as $3.08.

Taking a look at 20-day trading activity of NFT Ltd. (MI) gives us an average price of $4.83, while its current price level is -75.84% below from 52-week high level whereas it is 145.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.11. A closer look into the stock’s movement over the week reveals that its volatility is standing at 60.15% during that period while stretching the period over a month that decreases to 26.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.95 which implies that the stock is in neutral territory.

Over the week, MI’s stock price is moving 144.34% up while it is 1.34% when we observe its performance for the past one month. Year-to-date it is -18.73% down and over the past year, the stock is showing a downside performance of -74.41%.

Currently, NFT Ltd.’s total number of outstanding shares is 0.70M. Company’s return on investment (ROI) stands at 6.40% and return on equity (ROE) at -8.03%. It has a price to earnings ratio (P/E ratio) of 1.53. Stock’s beta reads 3.06. Stock has a price to book (P/B) ratio of 0.09 while price to sale or P/S ratio amounts to 1.33. Its return on asset (ROA) is -6.16% on average.