As of close of business last night, NFT Ltd.’s stock clocked out at $0.24, down -8.55% from its previous closing price of $0.27. In other words, the price has decreased by -$0.0227 from its previous closing price. On the day, 1199475 shares were traded.
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 33.97M and an Enterprise Value of -27.62M. As of this moment, NFT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.13 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at -6.93 whereas that against EBITDA is 2.83.
Stock Price History:
Over the past 52 weeks, MI has reached a high of $0.88, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1963, while the 200-Day Moving Average is calculated to be 0.2266.
Shares Statistics:
It appears that MI traded 425.94K shares on average per day over the past three months and 1.69M shares per day over the past ten days. A total of 34.99M shares are outstanding, with a floating share count of 31.99M. 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 Feb 15, 2024 were 79.5k with a Short Ratio of 0.19, compared to 148.93k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.23% and a Short% of Float of 0.23%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. 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 -$0.19. 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. EPS for the following year is $0, with 0 analysts recommending between $0 and $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 $2.38M, an estimated decrease of -87.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $5.66M, an increase of 42.40% over than the figure of -$87.20% in the same quarter last year. 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 $12.92M, down -34.30% from the average estimate. Based 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. The average revenue growth estimate for next year is up 58.90% from the average revenue estimate for this year.
