Market Momentum Report: Mercurity Fintech Holding Inc (MFH)’s Positive Close at 4.3

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Mercurity Fintech Holding Inc (NASDAQ: MFH) closed at $4.3 in the last session, up 0.70% from day before closing price of $4.27. In other words, the price has increased by $0.70 from its previous closing price. On the day, 0.17 million shares were traded. MFH stock price reached its highest trading level at $4.37 during the session, while it also had its lowest trading level at $4.07.

Ratios:

We take a closer look at MFH’s different ratios to gain a better understanding of the stock. 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 273852384 and an Enterprise Value of 231050992. For the stock, the TTM Price-to-Sale (P/S) ratio is 271.16 while its Price-to-Book (P/B) ratio in mrq is 11.12. Its current Enterprise Value per Revenue stands at 229.347 whereas that against EBITDA is -121.712.

Stock Price History:

The Beta on a monthly basis for MFH is 3.56, which has changed by 1.4855492 over the last 52 weeks, in comparison to a change of 0.12792087 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 -12.59%, while the 200-Day Moving Average is calculated to be -11.38%.

Shares Statistics:

According to the various share statistics, MFH traded on average about 248.28K shares per day over the past 3-months and 614080 shares per day over the past 10 days. 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 1749772800 were 657240 with a Short Ratio of 2.65, compared to 1747267200 on 534254. Therefore, it implies a Short% of Shares Outstanding of 657240 and a Short% of Float of 1.3300001000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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