Missfresh Limited (NASDAQ:MF) went up by 1.20% from its latest closing price compared to the recent 1-year high of $11.00. The company’s stock price has collected 17.21% of gains in the last five trading sessions. Press Release reported on 11/11/21 that Missfresh Limited Reports Third Quarter 2021 Unaudited Financial Results
Is It Worth Investing in Missfresh Limited (NASDAQ :MF) Right Now?
Opinions of the stock are interesting as 6 analysts out of 8 who provided ratings for Missfresh Limited declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $51.08, which is $4.11 above the current price. MF currently public float of 47.74M and currently shorts hold a 2.29% ratio of that float. Today, the average trading volume of MF was 382.45K shares.
MF’s Market Performance
MF stocks went up by 17.21% for the week, with a monthly jump of 34.76% and a quarterly performance of 3.92%. The volatility ratio for the week stands at 6.99% while the volatility levels for the past 30 days are set at 7.42% for Missfresh Limited. The simple moving average for the period of the last 20 days is 18.98% for MF stocks with a simple moving average of -1.00% for the last 200 days.
Analysts’ Opinion of MF
Many brokerage firms have already submitted their reports for MF stocks, with Citigroup repeating the rating for MF by listing it as a “Buy.” The predicted price for MF in the upcoming period, according to Citigroup is $7.08 based on the research report published on November 22nd of the current year 2021.
JP Morgan, on the other hand, stated in their research note that they expect to see MF reach a price target of $5.70. The rating they have provided for MF stocks is “Overweight” according to the report published on November 19th, 2021.
MF Trading at 22.06% from the 50-Day Moving Average
After a stumble in the market that brought MF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.18% of loss for the given period.
Volatility was left at 7.42%, however, over the last 30 days, the volatility rate increased by 6.99%, as shares surge +39.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.57% upper at present.
During the last 5 trading sessions, MF rose by +17.21%, in comparison to the 20-day moving average, which settled at $4.31. In addition, Missfresh Limited saw -47.83% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MF
Current profitability levels for the company are sitting at:
- -26.82 for the present operating margin
- +19.42 for the gross margin
The net margin for Missfresh Limited stands at -35.30.
The receivables turnover for the company is 47.06 and the total asset turnover is 2.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.