MoneyHero Ltd (NASDAQ:MNY) does about 114.46K shares in volume on a normal day but saw 7600194 shares change hands in the recent trading day. The company now has a market cap of 49.67M USD. Its current market price is $1.26, marking an increase of 10.53% compared to the previous close of $1.14. The 52 week high reached by this stock is $10.41 whilst the lowest price level in 52 weeks is $0.74.
MoneyHero Ltd (MNY) has a 20-day trading average at $1.2597 and the current price is -87.90% off the 52-week high compared with 70.80% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.5727 and its 200-day simple moving average is $1.8138. If we look at the stock’s price movements over the week, volatility stands at 15.55%, which decreases to 9.86% 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 41.89 to suggest the stock is neutral.
The consensus objective for the share price is $4.95, suggesting that the stock has a potential upside of 74.55% over the period.
The current price level is -0.72%, -20.68%, and -30.46% away from its SMA20, SMA50, and SMA200 respectively, with the MNY price moving above the 50-day SMA on current market day. Its price is -26.74% year-to-date and -87.80% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.08 for whole year.
To reach the target analysts have set, the stock logically needs to grow 74.55 percent from here.
The company has a return on investment of -157.85% and return on equity of -114.45%. The forward price to earnings ratio is 42.00. The beta has a value of 1.29. Price to book ratio is 0.71 and price to sales ratio is 1.02.
