Market Update: Mmtec Inc (MTC) Sees Negative Movement, Closing at 1.02

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.

In the latest session, Mmtec Inc (NASDAQ: MTC) closed at $1.02 down -5.09% from its previous closing price of $1.08. In other words, the price has decreased by -$5.09 from its previous closing price. On the day, 63954.0 shares were traded. MTC stock price reached its highest trading level at $1.0841 during the session, while it also had its lowest trading level at $1.02.

Ratios:

For a deeper understanding of Mmtec Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.86. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.20.

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 25816572 and an Enterprise Value of 55313448. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.81 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 29.606 whereas that against EBITDA is -18.354.

Stock Price History:

The Beta on a monthly basis for MTC is 0.31, which has changed by 1.3726852 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, MTC has reached a high of $6.42, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is -2.44%, while the 200-Day Moving Average is calculated to be -45.76%.

Shares Statistics:

For the past three months, MTC has traded an average of 107.59K shares per day and 71190 over the past ten days. 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 0.20% stake in the company. Shares short for MTC as of 1745971200 were 285196 with a Short Ratio of 2.65, compared to 1743379200 on 442009. Therefore, it implies a Short% of Shares Outstanding of 285196 and a Short% of Float of 1.13.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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