In the past week, MPU stock has gone up by 8.58%, with a monthly gain of 17.34% and a quarterly surge of 32.88%. The volatility ratio for the week is 7.69%, and the volatility levels for the last 30 days are 8.99% for Mega Matrix Corp The simple moving average for the past 20 days is 2.94% for MPU’s stock, with a 71.17% simple moving average for the past 200 days.
Is It Worth Investing in Mega Matrix Corp (AMEX: MPU) Right Now?
MPU has 36-month beta value of 3.08. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MPU is 30.24M, and currently, short sellers hold a 9.77% ratio of that float. The average trading volume of MPU on April 12, 2024 was 691.43K shares.
MPU) stock’s latest price update
Mega Matrix Corp (AMEX: MPU)’s stock price has increased by 6.59 compared to its previous closing price of 2.73. However, the company has seen a 8.58% increase in its stock price over the last five trading sessions.
MPU Trading at 2.46% from the 50-Day Moving Average
After a stumble in the market that brought MPU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.04% of loss for the given period.
Volatility was left at 8.99%, however, over the last 30 days, the volatility rate increased by 7.69%, as shares surge +21.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.82% lower at present.
During the last 5 trading sessions, MPU rose by +8.58%, which changed the moving average for the period of 200-days by +113.97% in comparison to the 20-day moving average, which settled at $2.85. In addition, Mega Matrix Corp saw 106.38% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MPU
Current profitability levels for the company are sitting at:
- -115.28 for the present operating margin
- -4.88 for the gross margin
The net margin for Mega Matrix Corp stands at -85.03. The total capital return value is set at -0.53. Equity return is now at value -44.23, with -31.39 for asset returns.
Currently, EBITDA for the company is -3.5 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 2118.52.
Conclusion
To put it simply, Mega Matrix Corp (MPU) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
