The stock of Mmtec Inc (MTC) has gone up by 21.43% for the week, with a 11.21% rise in the past month and a -21.19% drop in the past quarter. The volatility ratio for the week is 12.68%, and the volatility levels for the past 30 days are 12.10% for MTC. The simple moving average for the past 20 days is 26.61% for MTC’s stock, with a -42.48% simple moving average for the past 200 days.
Is It Worth Investing in Mmtec Inc (NASDAQ: MTC) Right Now?
The stock has a 36-month beta value of 0.52. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MTC is 25.14M, and at present, short sellers hold a 1.76% of that float. On April 24, 2025, the average trading volume of MTC was 124.08K shares.
MTC) stock’s latest price update
Mmtec Inc (NASDAQ: MTC) has experienced a rise in its stock price by 12.85 compared to its previous closing price of 1.05. However, the company has seen a gain of 21.43% in its stock price over the last five trading days. prnewswire.com reported 2024-12-12 that HONG KONG, Dec. 12, 2024 /PRNewswire/ — MMTEC, Inc. (“MMTEC” or the “Company”) (Nasdaq: MTC) reported that it expects to implement a 1-for-8 reverse stock split on its common stock. The effective date is scheduled to be December 18, 2024, subject to the Company’s satisfaction of Nasdaq Operations notice requirements, with trading to begin on a split-adjusted basis at the market open on that day.
MTC Trading at 5.47% from the 50-Day Moving Average
After a stumble in the market that brought MTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.85% of loss for the given period.
Volatility was left at 12.10%, however, over the last 30 days, the volatility rate increased by 12.68%, as shares surge +11.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.54% lower at present.
During the last 5 trading sessions, MTC rose by +21.43%, which changed the moving average for the period of 200-days by -65.42% in comparison to the 20-day moving average, which settled at $0.9398. In addition, Mmtec Inc saw -24.20% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MTC
The total capital return value is set at -0.04.
Based on Mmtec Inc (MTC), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06.
Currently, EBITDA for the company is -88.67 million with net debt to EBITDA at -12.96.
Conclusion
To sum up, Mmtec Inc (MTC) 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.
