MoneyHero Ltd (MNY) Stock: A SWOT Analysis

Company’s 36-month beta value is 1.30.

The public float for MNY is 8.93M, and currently, short sellers hold a 3.22% ratio of that floaft. The average trading volume of MNY on April 30, 2024 was 1.54M shares.

MNY) stock’s latest price update

The stock price of MoneyHero Ltd (NASDAQ: MNY) has dropped by -10.34 compared to previous close of 2.32. Despite this, the company has seen a gain of 6.12% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-05 that SINGAPORE, April 05, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq:MNY) (“MoneyHero” or the “Company”), a market leading personal finance aggregation and comparison platform in Greater Southeast Asia, today announced that it will release its fourth quarter and full year 2023 on Monday, April 29, 2024 before market opens and will hold a related conference call to discuss the results at 8:00 a.m. EST the same day.

MNY’s Market Performance

MNY’s stock has risen by 6.12% in the past week, with a monthly rise of 13.66% and a quarterly rise of 112.24%. The volatility ratio for the week is 23.01% while the volatility levels for the last 30 days are 16.38% for MoneyHero Ltd The simple moving average for the past 20 days is -2.55% for MNY’s stock, with a -53.64% simple moving average for the past 200 days.

MNY Trading at 3.74% from the 50-Day Moving Average

After a stumble in the market that brought MNY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.06% of loss for the given period.

Volatility was left at 16.38%, however, over the last 30 days, the volatility rate increased by 23.01%, as shares sank -9.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.45% upper at present.

During the last 5 trading sessions, MNY rose by +6.12%, in comparison to the 20-day moving average, which settled at $2.12. In addition, MoneyHero Ltd saw 20.93% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for MNY

Current profitability levels for the company are sitting at:

  • -0.3 for the present operating margin
  • 0.45 for the gross margin

The net margin for MoneyHero Ltd stands at -0.36. The total capital return value is set at 0.14. Equity return is now at value -5.17, with -4.04 for asset returns.

The debt to equity ratio resting at -0.25. The interest coverage ratio of the stock is -3.39.

When we switch over and look at the enterprise to sales, we see a ratio of 3.98. The receivables turnover for the company is 0.66for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.

Conclusion

In a nutshell, MoneyHero Ltd (MNY) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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