mF International Ltd (NASDAQ:MFI) price closed higher on Tuesday, December 24, and jumping 1.67% above its previous close.
A look at the daily price movement shows that the last close reads $0.66, with intraday deals fluctuated between $0.63 and $0.689. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.49 and 52-week low of $0.51. The stock subtracted -15.20% on its value in the past month.
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mF International Ltd, which has a market valuation of $8.48 million, is expected to release its quarterly earnings report in January.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned MFI a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the mF International Ltd (MFI) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that MFI’s price is at present -7.74% off the SMA20 and -14.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.47, with weekly volatility standing at 10.89%. The indicator jumps to 9.98% when calculated based on the past 30 days. mF International Ltd (NASDAQ:MFI)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.08.
An analysis of the mF International Ltd (NASDAQ:MFI) stock in terms of its daily trading volume indicates that the 3-month average is 176.47K. However, this figure increases on the past 10-day timeline to an average of 60950.0.
Current records show that the company has 13.25M in outstanding shares. The insiders’ percentage holdings are 68.27% of outstanding shares while the percentage share held by institutions stands at 0.52%. The stats also highlight that short interest as of 2024-11-29, stood at 14793.0 shares, which puts the short ratio at the time at 0.13. From this we can glean that short interest is 35.00 of company’s current outstanding shares. Notably, we see that shares short in November fall slightly given the previous month’s figure stood at 0.15 million. But the -94.79% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
