The stock of Metalpha Technology Holding Ltd (MATH) has gone up by 11.65% for the week, with a 23.66% rise in the past month and a 0.00% drop in the past quarter. The volatility ratio for the week is 4.33%, and the volatility levels for the past 30 days are 7.09% for MATH. The simple moving average for the past 20 days is 16.23% for MATH’s stock, with a -10.30% simple moving average for the past 200 days.
Is It Worth Investing in Metalpha Technology Holding Ltd (NASDAQ: MATH) Right Now?
The stock has a 36-month beta value of -0.83.
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The public float for MATH is 20.65M, and at present, short sellers hold a 0.03% of that float. On December 27, 2024, the average trading volume of MATH was 35.82K shares.
MATH) stock’s latest price update
Metalpha Technology Holding Ltd (NASDAQ: MATH) has experienced a rise in its stock price by 16.16 compared to its previous closing price of 0.99. However, the company has seen a gain of 11.65% in its stock price over the last five trading days. prnewswire.com reported 2024-11-28 that HONG KONG, Nov. 28, 2024 /PRNewswire/ — Metalpha Technology Holding Limited (Nasdaq: MATH) (the “Company” or “Metalpha”), a global digital asset-focused wealth management company, today announced the appointment of Mr. Pengyuan Fan as Chief Financial Officer of the Company (“CFO”), effective on November 28, 2024.
MATH Trading at 6.82% from the 50-Day Moving Average
After a stumble in the market that brought MATH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.34% of loss for the given period.
Volatility was left at 7.09%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares surge +27.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.37% lower at present.
During the last 5 trading sessions, MATH rose by +11.65%, which changed the moving average for the period of 200-days by -28.13% in comparison to the 20-day moving average, which settled at $0.9894. In addition, Metalpha Technology Holding Ltd saw -47.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MATH starting from LSQ Investment Fund SPC – Disr, who proposed sale 383,733 shares at the price of $1.12 back on Nov 15 ’24. After this action, LSQ Investment Fund SPC – Disr now owns shares of Metalpha Technology Holding Ltd, valued at $429,781 using the latest closing price.
Stock Fundamentals for MATH
The total capital return value is set at -0.92. Equity return is now at value -28.92, with -3.19 for asset returns.
Based on Metalpha Technology Holding Ltd (MATH), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 1.4. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -9760.87.
Currently, EBITDA for the company is -3.59 million with net debt to EBITDA at -0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
To sum up, Metalpha Technology Holding Ltd (MATH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
