A share price of Medallion Financial Corp [MFIN] is currently trading at $8.72, down -0.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MFIN shares have gain 7.59% over the last week, with a monthly amount drifted -1.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On October 05, 2022, downgrade downgraded it’s rating to Market Perform and revised its price target to $9 on the stock. B. Riley FBR started tracking the stock assigning a Buy rating and suggested a price target of $10 on September 07, 2018. Northland Capital initiated its recommendation with a Outperform and recommended $10 as its price target on February 15, 2018.
Medallion Financial Corp experienced fluctuations in its stock price throughout the past year between $6.48 and $10.50. Medallion Financial Corp [NASDAQ: MFIN] shares were valued at $8.72 at the most recent close of the market.
Analyzing the MFIN fundamentals
Trailing Twelve Months sales for Medallion Financial Corp [NASDAQ:MFIN] were 302.60M which represents 12.90% growth. Gross Profit Margin for this corporation currently stands at 0.73%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.12%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.63 points at the first support level, and at 8.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.85, and for the 2nd resistance point, it is at 8.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Medallion Financial Corp [NASDAQ:MFIN] is 31.70. Further, the Quick Ratio stands at 2.30, while the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 0.52 and price to earnings (TTM) ratio is 5.74.
Transactions by insiders
Recent insider trading involved Cutrone Anthony N., Chief Financial Officer, that happened on Sep 06 ’24 when 2000.0 shares were purchased. Chief Financial Officer, Cutrone Anthony N. completed a deal on Sep 06 ’24 to buy 2000.0 shares. Meanwhile, Chief Financial Officer Cutrone Anthony N. bought 1000.0 shares on Sep 10 ’24.
