Upward Trajectory: Mercurity Fintech Holding Inc (MFH) Posts a Gaine%, Closing at $20.17

Kevin Freeman

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Mercurity Fintech Holding Inc (NASDAQ: MFH) was $20.17 for the day, up 11.13% from the previous closing price of $18.15. In other words, the price has increased by $11.13 from its previous closing price. On the day, 0.66 million shares were traded. MFH stock price reached its highest trading level at $21.5891 during the session, while it also had its lowest trading level at $17.01.

Ratios:

Our analysis of MFH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MFH now has a Market Capitalization of 1393283840 and an Enterprise Value of 1270415744. For the stock, the TTM Price-to-Sale (P/S) ratio is 1379.55 while its Price-to-Book (P/B) ratio in mrq is 52.16. Its current Enterprise Value per Revenue stands at 1261.046 whereas that against EBITDA is -669.224.

Stock Price History:

The Beta on a monthly basis for MFH is 4.42, which has changed by 10.39548 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, MFH has reached a high of $36.77, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 76.40%, while the 200-Day Moving Average is calculated to be 191.06%.

Shares Statistics:

MFH traded an average of 777.59K shares per day over the past three months and 628670 shares per day over the past ten days. A total of 4.44B shares are outstanding, with a floating share count of 36.50M. Insiders hold about 47.16% of the company’s shares, while institutions hold 25.41% stake in the company. Shares short for MFH as of 1759190400 were 2892943 with a Short Ratio of 3.72, compared to 1756425600 on 3226735. Therefore, it implies a Short% of Shares Outstanding of 2892943 and a Short% of Float of 5.2800003.

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