MeaTech 3D Ltd. (NASDAQ:MITC) went up by 8.85% from its latest closing price compared to the recent 1-year high of $11.79. The company’s stock price has collected -8.29% of loss in the last five trading sessions. Press Release reported 18 hours ago that MeaTech Group Manufactures Over Half a Kilogram of Cultivated Fat Biomass in a Single Production Run
Is It Worth Investing in MeaTech 3D Ltd. (NASDAQ :MITC) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for MeaTech 3D Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $335.99. MITC currently public float of 6.82M and currently shorts hold a 0.83% ratio of that float. Today, the average trading volume of MITC was 42.27K shares.
MITC’s Market Performance
MITC stocks went down by -8.29% for the week, with a monthly drop of -19.67% and a quarterly performance of -30.86%. The volatility ratio for the week stands at 5.71% while the volatility levels for the past 30 days are set at 6.39% for MeaTech 3D Ltd.. The simple moving average for the period of the last 20 days is 6.59% for MITC stocks with a simple moving average of -22.51% for the last 200 days.
MITC Trading at -7.88% from the 50-Day Moving Average
After a stumble in the market that brought MITC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.98% of loss for the given period.
Volatility was left at 6.39%, however, over the last 30 days, the volatility rate increased by 5.71%, as shares surge +23.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.76% lower at present.
During the last 5 trading sessions, MITC rose by +8.36%, in comparison to the 20-day moving average, which settled at $5.48. In addition, MeaTech 3D Ltd. saw -46.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MITC
The total capital return value is set at -100.22, while invested capital returns managed to touch -225.05. Equity return is now at value -194.60, with -168.20 for asset returns.
Based on MeaTech 3D Ltd. (MITC), the company’s capital structure generated 1.15 points at debt to equity in total, while total debt to capital is 1.14.
The liquidity ratio also appears to be rather interesting for investors as it stands at 7.51.