Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Mercurity Fintech Holding Inc (NASDAQ: MFH) closed the day trading at $2.71 down -11.73% from the previous closing price of $3.07. In other words, the price has decreased by -$11.73 from its previous closing price. On the day, 1.17 million shares were traded. MFH stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.51.
Ratios:
For a better understanding of MFH, let’s look at its different ratios. 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 172590688 and an Enterprise Value of 158448304. For the stock, the TTM Price-to-Sale (P/S) ratio is 170.89 while its Price-to-Book (P/B) ratio in mrq is 7.01. Its current Enterprise Value per Revenue stands at 157.28 whereas that against EBITDA is -83.467.
Stock Price History:
The Beta on a monthly basis for MFH is 3.53, which has changed by 0.45934308 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, MFH has reached a high of $8.86, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -32.38%, while the 200-Day Moving Average is calculated to be -46.02%.
Shares Statistics:
Over the past 3-months, MFH traded about 708.26K shares per day on average, while over the past 10 days, MFH traded about 2960170 shares per day. A total of 4.44B shares are outstanding, with a floating share count of 33.65M. Insiders hold about 47.16% of the company’s shares, while institutions hold 25.59% stake in the company. Shares short for MFH as of 1752537600 were 1840339 with a Short Ratio of 2.60, compared to 1749772800 on 657240. Therefore, it implies a Short% of Shares Outstanding of 1840339 and a Short% of Float of 3.7199999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
