Mmtec Inc (NASDAQ:MTC) does about 6.03M shares in volume on a normal day but saw 1962968 shares change hands in the recent trading day. The company now has a market cap of 42.42M USD. Its current market price is $0.21, marking a decrease of -6.13% compared to the previous close of $0.23. The 52 week high reached by this stock is $12.90 whilst the lowest price level in 52 weeks is $0.18.
Mmtec Inc (MTC) has a 20-day trading average at $0.2517 and the current price is -98.35% off the 52-week high compared with 17.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3363 and its 200-day simple moving average is $0.9702. If we look at the stock’s price movements over the week, volatility stands at 10.75%, which increases to 16.05% 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 36.46 to suggest the stock is neutral.
The current price level is -15.38%, -36.66%, and -78.05% 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 -27.80% over the week and -33.46% over the past month. Its price is -78.70% year-to-date and -75.01% 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 0.84. Price to book ratio is 0.45.
