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MICT Inc. (MICT): Does this stock hold the most enticing factor today?

For the readers interested in the stock health of MICT Inc. (MICT). It is currently valued at $1.05. When the transactions were called off in the previous session, Stock hit the highs of $1.10, after setting-off with the price of $0.9913. Company’s stock value dipped to $0.97 during the trading on the day. When the trading was stopped its value was $0.95.Recently in News on November 16, 2022, MICT’s ACQUISITION TARGET, TINGO MOBILE, TODAY LAUNCHES KEY PARTNERSHIPS WITH ALL FARMERS ASSOCIATION OF NIGERIA AND VISA. AFAN Launch Commences Rollout of Nwassa Agri-FinTech Platform and Tingo Visa Products to AFAN’s Membership of More Than 20 Million Farmers. You can read further details here

MICT Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.1000 on 11/22/22, with the lowest value was $0.4100 for the same time period, recorded on 04/28/22.

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MICT Inc. (MICT) full year performance was -16.00%

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, MICT Inc. shares are logging -18.60% during the 52-week period from high price, and 156.10% 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 $0.41 and $1.29.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 707937 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 MICT Inc. (MICT) recorded performance in the market was 26.51%, having the revenues showcasing 32.56% 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 133.15M, as it employees total of 431 workers.

Market experts do have their say about MICT Inc. (MICT)

During the last month, 0 analysts gave the MICT 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 0.7094, with a change in the price was noted +0.48. In a similar fashion, MICT Inc. posted a movement of +85.61% for the period of last 100 days, recording 241,086 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 MICT is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of MICT Inc. (MICT)

Raw Stochastic average of MICT Inc. in the period of last 50 days is set at 90.55%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.44%. In the last 20 days, the company’s Stochastic %K was 89.33% and its Stochastic %D was recorded 92.35%.

Bearing in mind the latest performance of MICT Inc., several 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 26.51%. Additionally, trading for the stock in the period of the last six months notably improved by 51.98%, alongside a downfall of -16.00% for the period of the last 12 months. The shares increased approximately by 19.69% in the 7-day charts and went down by 67.60% in the period of the last 30 days. Common stock shares were driven by 32.56% during last recorded quarter.

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