NFT Ltd. (AMEX: MI) has a price-to-earnings ratio of 1.76x that is above its average ratio. Additionally, the 36-month beta value for MI is 2.96.
The public float for MI is 0.64M and currently, short sellers hold a 0.42% ratio of that float. The average trading volume of MI on May 07, 2024 was 58.16K shares.
MI) stock’s latest price update
The stock of NFT Ltd. (AMEX: MI) has increased by 44.19 when compared to last closing price of 6.02.Despite this, the company has seen a gain of 144.50% in its stock price over the last five trading days.
MI’s Market Performance
NFT Ltd. (MI) has experienced a 144.50% rise in stock performance for the past week, with a 15.73% rise in the past month, and a 3.95% rise in the past quarter. The volatility ratio for the week is 48.02%, and the volatility levels for the past 30 days are at 22.80% for MI.. The simple moving average for the past 20 days is 82.90% for MI’s stock, with a -0.28% simple moving average for the past 200 days.
MI Trading at 4.81% from the 50-Day Moving Average
After a stumble in the market that brought MI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.22% of loss for the given period.
Volatility was left at 22.80%, however, over the last 30 days, the volatility rate increased by 48.02%, as shares surge +12.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.11% lower at present.
During the last 5 trading sessions, MI rose by +144.50%, in comparison to the 20-day moving average, which settled at $4.79. In addition, NFT Ltd. saw -6.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MI
Equity return is now at value -8.03, with -6.16 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.95.
Conclusion
In conclusion, NFT Ltd. (MI) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
