mF International Ltd (NASDAQ:MFI) price closed higher on current market day and jumping 2.64% above its previous close.
A look at the daily price movement shows that the last close reads $2.65. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.13 and 52-week low of $0.51. The stock added 294.20% on its value in the past month.
mF International Ltd, which has a market valuation of $36.04 million, is expected to release its quarterly earnings report in July.
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 126.71% off the SMA20 and 224.32% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 84.72, with weekly volatility standing at 16.91%. The indicator jumps to 14.20% when calculated based on the past 30 days. mF International Ltd (NASDAQ:MFI)’s beta value is holding at 1.03, while the average true range (ATR) indicator is currently reading 0.44.
An analysis of the mF International Ltd (NASDAQ:MFI) stock in terms of its daily trading volume indicates that the 3-month average is 752.53K.
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 0.80%. But the 305.06% upside, 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.
