mF International Ltd (NASDAQ: MFI) Recovers 85.68% From 52-Week Low, Is MFI Still A High-Risk, High-Reward Play?

mF International Ltd (NASDAQ:MFI) currently has a daily average trading volume of 226.54K but it saw 966868 shares traded in last market. With a market cap of 12.45M USD, the company’s current market price of $0.94 came rising about 14.80 while comparing to the previous closing price of $0.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.49 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $0.85 while lowest mark touched by it was $1.05.

Taking a look at 20-day trading activity of mF International Ltd (MFI) gives us an average price of $0.6947, while its current price level is -93.51% below from 52-week high level whereas it is 85.68% 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 $0.6943. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.14% during that period while stretching the period over a month that increases to 19.58%. 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 65.77 which implies that the stock is in neutral territory.

Over the week, MFI’s stock price is moving 46.44% up while it is 49.21% when we observe its performance for the past one month. Year-to-date it is -92.35% down and over the past year.

Currently, mF International Ltd’s total number of outstanding shares is 13.25M.