Mmtec Inc (NASDAQ:MTC) currently has a daily average trading volume of 5.57M but it saw 1060160 shares traded in last market. With a market cap of 43.99M USD, the company’s current market price of $0.22 came falling about -3.45 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.90 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.2209 while lowest mark touched by it was $0.235.
Taking a look at 20-day trading activity of Mmtec Inc (MTC) gives us an average price of $0.2983, while its current price level is -98.29% below from 52-week high level whereas it is 21.91% 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 $0.3781 while that of 200 days or SMA-200 reads an average of $1.0157. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.08% during that period while stretching the period over a month that increases to 15.23%. 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 29.75 which implies that the stock is in oversold territory.
Over the week, MTC’s stock price is moving -2.04% down while it is -42.77% when we observe its performance for the past one month. Year-to-date it is -77.91% down and over the past year, the stock is showing a downside performance of -78.96%.
Currently, Mmtec Inc’s total number of outstanding shares is 199.15M. Stock’s beta reads 0.84.
