Mmtec Inc. (MTC) is priced at $1.81 after the most recent trading session. At the very opening of the session, the stock price was $1.69 and reached a high price of $1.88, prior to closing the session it reached the value of $1.65. The stock touched a low price of $1.63.
Recently in News on April 23, 2021, MMTEC, Inc. Announces 2020 Year-End Financial Results. MMTEC, Inc. (NASDAQ: MTC) (“MMTEC”, “we”, “our” or the “Company”), a China based technology company that provides access to the U.S. financial markets, today announced its financial results for the year ended December 31, 2020. You can read further details here
Mmtec Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.9400 on 02/17/21, with the lowest value was $1.4100 for the same time period, recorded on 05/13/21.
Mmtec Inc. (MTC) full year performance was 40.31%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Mmtec Inc. shares are logging -69.53% during the 52-week period from high price, and 162.32% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.69 and $5.94.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1128845 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Mmtec Inc. (MTC) recorded performance in the market was 23.13%, having the revenues showcasing 8.38% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 44.09M, as it employees total of 31 workers.
The Analysts eye on Mmtec Inc. (MTC)
During the last month, 0 analysts gave the Mmtec Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.9813, with a change in the price was noted -1.13. In a similar fashion, Mmtec Inc. posted a movement of -38.44% for the period of last 100 days, recording 456,566 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MTC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical rundown of Mmtec Inc. (MTC)
Raw Stochastic average of Mmtec Inc. in the period of last 50 days is set at 35.45%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 29.85%. In the last 20 days, the company’s Stochastic %K was 19.58% and its Stochastic %D was recorded 16.26%.
Considering, the past performance of Mmtec Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 23.13%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -15.42%, alongside a boost of 40.31% for the period of the last 12 months. The shares increased approximately by 2.26% in the 7-day charts and went up by -1.63% in the period of the last 30 days. Common stock shares were driven by 8.38% during last recorded quarter.