Mercurity Fintech Holding Inc [NASDAQ: MFH] price surged by 7.54 percent to reach at $0.49.
A sum of 167171 shares traded at recent session while its average daily volume was at 785.62K shares. Mercurity Fintech Holding Inc shares reached a high of $7.02 and dropped to a low of $6.5323 until finishing in the latest session at $6.99.
Guru’s Opinion on Mercurity Fintech Holding Inc [MFH]:
The Price to Book ratio for the last quarter was 18.08, with the Price to Cash per share for the same quarter was set at 0.36.
MFH Stock Performance Analysis:
Mercurity Fintech Holding Inc [MFH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.50. With this latest performance, MFH shares gained by 69.66% in over the last four-week period, additionally plugging by 21.57% over the last 6 months – not to mention a rise of 2.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MFH stock in for the last two-week period is set at 79.38, with the RSI for the last a single of trading hit 0.58, and the three-weeks RSI is set at 0.59 for Mercurity Fintech Holding Inc [MFH]. The present Moving Average for the last 50 days of trading for this stock 4.14, while it was recorded at 5.92 for the last single week of trading, and 5.39 for the last 200 days.
Insight into Mercurity Fintech Holding Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Mercurity Fintech Holding Inc [MFH] shares currently have an operating margin of -255.51% and a Gross Margin at -37.27%. Mercurity Fintech Holding Inc’s Net Margin is presently recorded at -450.10%.
Mercurity Fintech Holding Inc (MFH) Capital Structure & Debt Analysis
According to recent financial data for Mercurity Fintech Holding Inc. ( MFH), the Return on Equity (ROE) stands at -21.63%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -13.72%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Mercurity Fintech Holding Inc’s Return on Invested Capital (ROIC) is -18.82%, showcasing its effectiveness in deploying capital for earnings.
Mercurity Fintech Holding Inc (MFH) Efficiency & Liquidity Metrics
Based on Mercurity Fintech Holding Inc’s (MFH) latest financial statements, the Debt-to-Equity Ratio is 0.32%, indicating its reliance on debt financing relative to shareholder equity.
Mercurity Fintech Holding Inc (MFH) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Mercurity Fintech Holding Inc. (MFH) effectively leverages its workforce, generating an average of -$411818.18 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.59% and a Quick Ratio of 2.59%, indicating strong ability to cover short-term liabilities.
Mercurity Fintech Holding Inc [MFH] Institutonal Ownership Details
There are presently around $25.53%, or 45.18%% of MFH stock, in the hands of institutional investors. The top three institutional holders of MFH stocks are: BLACKROCK INC. with ownership of 32819.0 shares, which is approximately 0.0671%. GEODE CAPITAL MANAGEMENT, LLC, holding 25768.0 shares of the stock with an approximate value of $$54112.0 in MFH stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$47250.0 in MFH stock with ownership which is approximately 0.046%.
