Market Insights: NFT Ltd. (MI)’s Notable Drop of -4.19, Closing at 7.55

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, NFT Ltd.’s stock clocked out at $7.55, down -4.19% from its previous closing price of $7.88. In other words, the price has decreased by -$4.19 from its previous closing price. On the day, 0.83 million shares were traded. MI stock price reached its highest trading level at $11.74 during the session, while it also had its lowest trading level at $7.47.

Ratios:

To gain a deeper understanding of MI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.95 and its Current Ratio is at 6.95. In the meantime, Its Debt-to-Equity ratio is 0.03 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, MI now has a Market Capitalization of 23329576 and an Enterprise Value of 214137904. As of this moment, NFT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.09. Its current Enterprise Value per Revenue stands at 53.751 whereas that against EBITDA is 1655.531.

Stock Price History:

The Beta on a monthly basis for MI is 3.06, which has changed by -0.72253525 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, MI has reached a high of $31.25, while it has fallen to a 52-week low of $3.08. The 50-Day Moving Average of the stock is -7.78%, while the 200-Day Moving Average is calculated to be -12.68%.

Shares Statistics:

It appears that MI traded 121.95K shares on average per day over the past three months and 639170 shares per day over the past ten days. A total of 0.70M shares are outstanding, with a floating share count of 0.64M. Insiders hold about 8.57% of the company’s shares, while institutions hold 0.63% stake in the company. Shares short for MI as of 1713139200 were 2660 with a Short Ratio of 0.02, compared to 1710460800 on 4092. Therefore, it implies a Short% of Shares Outstanding of 2660 and a Short% of Float of 0.09000000400000001.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$9.5. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $304k. It ranges from a high estimate of $5.68M to a low estimate of $5.68M. As of the current estimate, NFT Ltd.’s year-ago sales were $2.38MFor the next quarter, 1 analysts are estimating revenue of $5.66M. There is a high estimate of $5.66M for the next quarter, whereas the lowest estimate is $5.66M.

A total of 1 analysts have provided revenue estimates for MI’s current fiscal year. The highest revenue estimate was $12.5M, while the lowest revenue estimate was $12.5M, resulting in an average revenue estimate of $8.49M. In the same quarter a year ago, actual revenue was $12.92MBased on 1 analysts’ estimates, the company’s revenue will be $13.5M in the next fiscal year. The high estimate is $13.5M and the low estimate is $13.5M.

Most Popular

[the_ad id="945"]