MoneyHero Ltd (NASDAQ:MNY) does about 122.58K shares in volume on a normal day but saw 2767983 shares change hands in the recent trading day. The company now has a market cap of 53.14M USD. Its current market price is $1.23, marking an increase of 14.95% compared to the previous close of $1.07. The 52 week high reached by this stock is $1.85 whilst the lowest price level in 52 weeks is $0.55.
MoneyHero Ltd (MNY) has a 20-day trading average at $0.8942 and the current price is -33.51% off the 52-week high compared with 123.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8142 and its 200-day simple moving average is $0.9597. If we look at the stock’s price movements over the week, volatility stands at 12.11%, which decreases to 11.50% 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 76.50 to suggest the stock is overbought.
The consensus objective for the share price is $4.60, suggesting that the stock has a potential upside of 73.26% over the period.
The current price level is 37.56%, 51.07%, and 28.17% away from its SMA20, SMA50, and SMA200 respectively, with the MNY price moving below the 50-day SMA on current market day. MoneyHero Ltd (MNY) stock is up 20.59% over the week and 51.85% over the past month. Its price is -32.42% year-to-date and 9.82% over the past year.
To reach the target analysts have set, the stock logically needs to grow 73.26 percent from here.
Outstanding shares total 29.95M with insiders holding 56.63% of the shares and institutional holders owning 0.69% of the company’s common stock. The company has a return on investment of -61.21% and return on equity of -48.12%. The forward price to earnings ratio is 7.24. The beta has a value of 1.15. Price to book ratio is 1.19 and price to sales ratio is 0.74.
