Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Mmtec Inc (NASDAQ: MTC) closed the day trading at $0.66 down -2.94% from the previous closing price of $0.68. In other words, the price has decreased by -$2.94 from its previous closing price. On the day, 0.55 million shares were traded. MTC stock price reached its highest trading level at $0.82 during the session, while it also had its lowest trading level at $0.6511.
Ratios:
For a better understanding of MTC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.32.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTC now has a Market Capitalization of 16623331 and an Enterprise Value of 38858268. Its current Enterprise Value per Revenue stands at 14.522 whereas that against EBITDA is -17.264.
Stock Price History:
The Beta on a monthly basis for MTC is 0.41, which has changed by -0.7862694 over the last 52 weeks, in comparison to a change of 0.19736934 over the same period for the S&P500. Over the past 52 weeks, MTC has reached a high of $3.52, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is -25.19%, while the 200-Day Moving Average is calculated to be -37.22%.
Shares Statistics:
Over the past 3-months, MTC traded about 300.78K shares per day on average, while over the past 10 days, MTC traded about 189130 shares per day. A total of 25.19M shares are outstanding, with a floating share count of 25.14M. Insiders hold about 0.18% of the company’s shares, while institutions hold 0.42% stake in the company. Shares short for MTC as of 1760486400 were 150607 with a Short Ratio of 0.50, compared to 1757894400 on 76337. Therefore, it implies a Short% of Shares Outstanding of 150607 and a Short% of Float of 0.6.
