Mingteng International Corporation Inc (NASDAQ:MTEN) currently has a daily average trading volume of 158.35K but it saw 196229 shares traded in last market. With a market cap of 26.21M USD, the company’s current market price of $4.22 came rising about 17.22 while comparing to the previous closing price of $3.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.87 and as low as $1.80. In the recent trading on the day, stock has struck highest price mark of $3.2001 while lowest mark touched by it was $4.25.
Taking a look at 20-day trading activity of Mingteng International Corporation Inc (MTEN) gives us an average price of $4.70, while its current price level is -57.24% below from 52-week high level whereas it is 133.80% 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 $5.09 while that of 200 days or SMA-200 reads an average of $5.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.23% during that period while stretching the period over a month that decreases to 19.92%. 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 45.39 which implies that the stock is in neutral territory.
Over the week, MTEN’s stock price is moving -6.22% down while it is -18.06% when we observe its performance for the past one month. Year-to-date it is -31.94% down and over the past year.
The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Mingteng International Corporation Inc’s total number of outstanding shares is 6.21M with 73.30% of that held by the insiders while 0.82% of its common stock has been owned by the institutions. Stock’s beta reads -0.66. Stock has a price to book (P/B) ratio of 20.07.
