mF International Ltd (NASDAQ:MFI) price on Friday, June 13, fall -4.53% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.37.
A look at the stock’s price movement, the close in the last trading session was $3.53. Turning to its 52-week performance, $4.22 and $0.51 were the 52-week high and 52-week low respectively. Overall, MFI moved 416.17% over the past month.
mF International Ltd’s market cap currently stands at around $44.65 million, with investors looking forward to this quarter’s earnings report slated for in July.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend MFI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MFI’s current price about 105.16% and 230.37% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 75.35, while 7-day volatility ratio is 22.19% and 16.46% in the 30-day chart. Further, mF International Ltd (MFI) has a beta value of 2.55, and an average true range (ATR) of 0.54.
If we refocus on mF International Ltd (NASDAQ:MFI), historical trading data shows that trading volumes averaged 840.89K over the past 3 months. The company’s latest data on shares outstanding shows there are 13.25 million shares.
The 68.27% of mF International Ltd’s shares are in the hands of company insiders while institutional holders own 0.80% of the company’s shares. Current price change has pushed the stock 401.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MFI stock continues to rise going into the next quarter.
