Missfresh Limited (NASDAQ:MF) went up by 15.77% from its latest closing price compared to the recent 1-year high of $11.00. The company’s stock price has collected 7.71% of gains in the last five trading sessions.
Is It Worth Investing in Missfresh Limited (NASDAQ :MF) Right Now?
Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Missfresh Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $26.66, which is $7.62 above the current price. MF currently public float of 28.52M and currently shorts hold a 3.49% ratio of that float. Today, the average trading volume of MF was 8.67M shares.
MF’s Market Performance
MF stocks went up by 7.71% for the week, with a monthly jump of 19.68% and a quarterly performance of -81.05%. The volatility ratio for the week stands at 13.64% while the volatility levels for the past 30 days are set at 19.75% for Missfresh Limited. The simple moving average for the period of the last 20 days is 16.98% for MF stocks with a simple moving average of -90.12% 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 previous 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 -44.84% 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 -97.48% of loss for the given period.
Volatility was left at 19.75%, however, over the last 30 days, the volatility rate increased by 13.64%, as shares surge +20.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -81.18% lower at present.
During the last 5 trading sessions, MF rose by +7.71%, which changed the moving average for the period of 200-days by -93.50% in comparison to the 20-day moving average, which settled at $0.2389. In addition, Missfresh Limited saw -94.48% in overturn over a single year, with a tendency to cut further losses.