After finishing at $0.23 in the prior trading day, NFT Ltd. (AMEX: MI) closed at $0.24, up 1.50%. In other words, the price has increased by $+0.0035 from its previous closing price. On the day, 753858 shares were traded.
Ratios:
Our goal is to gain a better understanding of MI by taking a closer look at 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 32.75M and an Enterprise Value of -28.84M. As of this moment, NFT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at -7.24 whereas that against EBITDA is 2.95.
Stock Price History:
Over the past 52 weeks, MI has reached a high of $0.82, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1992, while the 200-Day Moving Average is calculated to be 0.2219.
Shares Statistics:
The stock has traded on average 448.09K shares per day over the past 3-months and 1.24M shares per day over the last 10 days, according to various share statistics. 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 0.18, 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
Its stock is currently analyzed by 0 different market analysts. 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
1 analysts predict $304k in revenue for the current quarter. 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.
