The stock of Mega Matrix Inc. (MPU) has gone up by 7.91% for the week, with a 45.63% rise in the past month and a -32.43% drop in the past quarter. The volatility ratio for the week is 12.20%, and the volatility levels for the past 30 days are 12.34% for MPU. The simple moving average for the past 20 days is 20.17% for MPU’s stock, with a -32.37% simple moving average for the past 200 days.
Is It Worth Investing in Mega Matrix Inc. (AMEX: MPU) Right Now?
The 36-month beta value for MPU is at 3.01. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for MPU is 34.44M, and currently, shorts hold a 3.75% of that float. The average trading volume for MPU on October 29, 2024 was 172.43K shares.
MPU) stock’s latest price update
Mega Matrix Inc. (AMEX: MPU)’s stock price has gone rise by 18.11 in comparison to its previous close of 1.27, however, the company has experienced a 7.91% increase in its stock price over the last five trading days. prnewswire.com reported 2024-10-25 that PALO ALTO, Calif., Oct. 25, 2024 /PRNewswire/ — Mega Matrix Inc. (“MPU” or the “Company”) (NYSE American: MPU), today announced that it will launch its workplace comedy short drama “The Intern is the Undercover Boss” on October 29th at FlexTV.
MPU Trading at 3.71% 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 -66.52% of loss for the given period.
Volatility was left at 12.34%, however, over the last 30 days, the volatility rate increased by 12.20%, as shares surge +48.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.83% lower at present.
During the last 5 trading sessions, MPU rose by +7.91%, which changed the moving average for the period of 200-days by -47.00% in comparison to the 20-day moving average, which settled at $1.2482. In addition, Mega Matrix Inc. saw 6.38% 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:
- -0.52 for the present operating margin
- 0.6 for the gross margin
The net margin for Mega Matrix Inc. stands at -0.34. The total capital return value is set at -0.47. Equity return is now at value -37.28, with -31.73 for asset returns.
Based on Mega Matrix Inc. (MPU), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 3210.79. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -303.17.
Currently, EBITDA for the company is -3.5 million with net debt to EBITDA at 1.69. When we switch over and look at the enterprise to sales, we see a ratio of 3.12. The receivables turnover for the company is 29.06for trailing twelve months and the total asset turnover is 0.68.
Conclusion
In conclusion, Mega Matrix Inc. (MPU) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
