Mixed Martial Arts Group Ltd (AMEX:MMA) does about 46.45K shares in volume on a normal day but saw 49992880 shares change hands in the recent trading day. The company now has a market cap of 15.63M USD. Its current market price is $1.52, marking an increase of 91.92% compared to the previous close of $0.79. The 52 week high reached by this stock is $5.00 whilst the lowest price level in 52 weeks is $0.60.
Mixed Martial Arts Group Ltd (MMA) has a 20-day trading average at $0.8786 and the current price is -69.60% off the 52-week high compared with 153.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8565 and its 200-day simple moving average is $1.8748. If we look at the stock’s price movements over the week, volatility stands at 43.06%, which decreases to 19.91% 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 75.57 to suggest the stock is overbought.
The consensus objective for the share price is $6.96, suggesting that the stock has a potential upside of 78.16% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 73.00%, 77.46%, and -18.92% away from its SMA20, SMA50, and SMA200 respectively, with the MMA price moving below the 50-day SMA on current market day. Mixed Martial Arts Group Ltd (MMA) stock is up 78.82% over the week and 114.05% over the past month. Its price is 7.80% year-to-date and -49.50% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 78.16 percent from here.
Outstanding shares total 10.28M with insiders holding 15.76% of the shares and institutional holders owning 3.25% of the company’s common stock. The beta has a value of -0.12.
