Mmtec Inc [NASDAQ: MTC] price surged by 13.28 percent to reach at $0.13.
A sum of 12239852 shares traded at recent session while its average daily volume was at 63.75K shares. Mmtec Inc shares reached a high of $1.79 and dropped to a low of $0.9109 until finishing in the latest session at $1.11.
Guru’s Opinion on Mmtec Inc [MTC]:
The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.11. Price to Free Cash Flow for MTC in the course of the last twelve months was 38.83 with Quick ratio for the last quarter at 0.41.
MTC Stock Performance Analysis:
Mmtec Inc [MTC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.06. With this latest performance, MTC shares dropped by -4.31% in over the last four-week period, additionally plugging by 3.74% over the last 6 months – not to mention a drop of -29.30% 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 MTC stock in for the last two-week period is set at 65.02, with the RSI for the last a single of trading hit 0.1513, and the three-weeks RSI is set at 0.1089 for Mmtec Inc [MTC]. The present Moving Average for the last 50 days of trading for this stock 0.9564, while it was recorded at 0.9824 for the last single week of trading, and 1.2167 for the last 200 days.
Insight into Mmtec Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Mmtec Inc [MTC] shares currently have an operating margin of -4993.58% and a Gross Margin at 79.13%. Mmtec Inc’s Net Margin is presently recorded at -4879.66%.
Mmtec Inc (MTC) Capital Structure & Debt Analysis
Mmtec Inc (MTC) Efficiency & Liquidity Metrics
Based on Mmtec Inc’s (MTC) latest financial statements, the Debt-to-Equity Ratio is 1.22%, indicating its reliance on debt financing relative to shareholder equity.
Mmtec Inc (MTC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Mmtec Inc. (MTC) effectively leverages its workforce, generating an average of -$2681470.59 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.41% and a Quick Ratio of 0.41%, indicating strong ability to cover short-term liabilities.
Mmtec Inc [MTC] Institutonal Ownership Details
There are presently around $0.42%, or 0.42%% of MTC stock, in the hands of institutional investors.
