Mmtec Inc (NASDAQ:MTC) does about 1.55M shares in volume on a normal day but saw 9962597 shares change hands in the recent trading day. The company now has a market cap of 76.63M USD. Its current market price is $0.38, marking an increase of 15.38% compared to the previous close of $0.33. 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 $0.2792 and the current price is -97.02% off the 52-week high compared with 59.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2891 and its 200-day simple moving average is $1.2902. If we look at the stock’s price movements over the week, volatility stands at 17.40%, which decreases to 9.37% 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 70.90 to suggest the stock is overbought.
The current price level is 40.58%, 33.37%, and -70.24% away from its SMA20, SMA50, and SMA200 respectively, with the MTC price moving below the 50-day SMA on current market day. Mmtec Inc (MTC) stock is up 53.49% over the week and 47.15% over the past month. Its price is -61.52% year-to-date and -3.80% over the past year.
The company has a return on investment of -17.06% and return on equity of -65.75%. The beta has a value of 0.86. Price to book ratio is 0.91 and price to sales ratio is 23.80.
