Mmtec Inc (NASDAQ:MTC) does about 4.65M shares in volume on a normal day but saw 49032758 shares change hands in the recent trading day. The company now has a market cap of 35.58M USD. Its current market price is $0.23, marking a decrease of -23.81% compared to the previous close of $0.31. 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 $0.3553 and the current price is -98.18% off the 52-week high compared with -2.70% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3837 and its 200-day simple moving average is $1.0599. If we look at the stock’s price movements over the week, volatility stands at 33.99%, which decreases to 15.15% 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 29.78 to suggest the stock is oversold.
The current price level is -33.99%, -38.88%, and -77.87% 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 down -26.83% over the week and -36.10% over the past month. Its price is -76.55% year-to-date and -76.08% 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 0.21% of the company’s common stock. The beta has a value of 0.91.
