Mmtec Inc (NASDAQ:MTC) does about 3.66M shares in volume on a normal day but saw 1382350 shares change hands in the recent trading day. The company now has a market cap of 61.76M USD. Its current market price is $0.31, marking a decrease of -4.17% compared to the previous close of $0.32. The 52 week high reached by this stock is $12.90 whilst the lowest price level in 52 weeks is $0.24.
Mmtec Inc (MTC) has a 20-day trading average at $0.2865 and the current price is -97.60% off the 52-week high compared with 28.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3467 and its 200-day simple moving average is $1.3894. If we look at the stock’s price movements over the week, volatility stands at 22.46%, which decreases to 12.39% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.38 to suggest the stock is neutral.
The current price level is 8.05%, -10.91%, and -77.75% away from its SMA20, SMA50, and SMA200 respectively, with the MTC price moving above the 50-day SMA on current market day. Mmtec Inc (MTC) stock is up 19.36% over the week and -6.43% over the past month. Its price is -68.99% year-to-date and -56.32% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 199.15M with insiders holding 0.18% of the shares and institutional holders owning 0.34% of the company’s common stock. The company has a return on investment of -17.06% and return on equity of -65.75%. The beta has a value of 0.85. Price to book ratio is 0.74 and price to sales ratio is 19.18.
