Mmtec Inc (NASDAQ:MTC) currently has a daily average trading volume of 4.65M but it saw 1580891 shares traded in last market. With a market cap of 78.52M USD, the company’s current market price of $0.39 came rising about 3.08 while comparing to the previous closing price of $0.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.90 and as low as $0.24. In the recent trading on the day, stock has struck highest price mark of $0.385 while lowest mark touched by it was $0.4066.
Taking a look at 20-day trading activity of Mmtec Inc (MTC) gives us an average price of $0.4308, while its current price level is -96.94% below from 52-week high level whereas it is 63.61% 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 $0.3366 while that of 200 days or SMA-200 reads an average of $1.2649. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.76% during that period while stretching the period over a month that increases to 18.79%. 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 48.76 which implies that the stock is in neutral territory.
Over the week, MTC’s stock price is moving -15.20% down while it is 42.71% when we observe its performance for the past one month. Year-to-date it is -60.57% down and over the past year, the stock is showing a downside performance of -59.35%.
The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Mmtec Inc’s total number of outstanding shares is 199.15M. Stock’s beta reads 0.90.
