mF International Ltd (NASDAQ: MFI)’s stock price has plunge by -7.59relation to previous closing price of 0.90. Nevertheless, the company has seen a -5.98% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-16 that HONG KONG, Oct. 16, 2024 /PRNewswire/ — mF International Limited (the “Company” or “mF International”) (Nasdaq: MFI), a Hong Kong-based experienced financial trading solution provider, today announced its unaudited financial results for the six months ended June 30, 2024. Mr. Chi Weng Tam, Executive Director and Chief Executive Officer of the Company, commented, “Despite facing certain revenue challenges, we have demonstrated resilience and adaptability in our business model.
Is It Worth Investing in mF International Ltd (NASDAQ: MFI) Right Now?
The public float for MFI is 4.20M and currently, short sellers hold a 7.17% ratio of that float. The average trading volume of MFI on October 17, 2024 was 255.05K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
MFI’s Market Performance
MFI’s stock has seen a -5.98% decrease for the week, with a 10.80% rise in the past month and a -8.68% fall in the past quarter. The volatility ratio for the week is 13.25%, and the volatility levels for the past 30 days are at 15.73% for mF International Ltd The simple moving average for the past 20 days is -0.39% for MFI’s stock, with a -32.61% simple moving average for the past 200 days.
MFI Trading at 11.42% from the 50-Day Moving Average
After a stumble in the market that brought MFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.27% of loss for the given period.
Volatility was left at 15.73%, however, over the last 30 days, the volatility rate increased by 13.25%, as shares surge +18.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.34% upper at present.
During the last 5 trading sessions, MFI fell by -6.02%, in comparison to the 20-day moving average, which settled at $0.8342. In addition, mF International Ltd saw -93.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MFI
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.58 for the gross margin
The net margin for mF International Ltd stands at 0.22. The total capital return value is set at 0.25.
Based on mF International Ltd (MFI), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.73.
Currently, EBITDA for the company is 1.78 million with net debt to EBITDA at 1.11. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 9.65for trailing twelve months and the total asset turnover is 0.74.
Conclusion
In conclusion, mF International Ltd (MFI) has seen bad 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.
