Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Mmtec Inc (NASDAQ: MTC) closed the day trading at $2.53 up 2.85% from the previous closing price of $2.46. In other words, the price has increased by $2.85 from its previous closing price. On the day, 2.18 million shares were traded. MTC stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $2.33.
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 6.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.52. 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 63722764 and an Enterprise Value of 85957704. Its current Enterprise Value per Revenue stands at 32.124 whereas that against EBITDA is -38.19.
Stock Price History:
The Beta on a monthly basis for MTC is -0.72, which has changed by -0.042056084 over the last 52 weeks, in comparison to a change of 0.1476624 over the same period for the S&P500. Over the past 52 weeks, MTC has reached a high of $3.89, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 135.90%, while the 200-Day Moving Average is calculated to be 135.78%.
Shares Statistics:
Over the past 3-months, MTC traded about 8.37M shares per day on average, while over the past 10 days, MTC traded about 52550570 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 1761868800 were 34766 with a Short Ratio of 0.00, compared to 1759190400 on 31651. Therefore, it implies a Short% of Shares Outstanding of 34766 and a Short% of Float of 0.13999999999999999.
