At the time of writing, Mercurity Fintech Holding Inc [MFH] stock is trading at $18.67, down -24.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MFH shares have gain 47.55% over the last week, with a monthly amount glided 174.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Mercurity Fintech Holding Inc fluctuated between $1.03 and $24.99. Mercurity Fintech Holding Inc [NASDAQ: MFH] shares were valued at $18.67 at the most recent close of the market.
Analyzing the MFH fundamentals
According to Mercurity Fintech Holding Inc [NASDAQ:MFH], the company’s sales were 1.01M for trailing twelve months, which represents an 1266.92% jump. Gross Profit Margin for this corporation currently stands at -0.37% with Operating Profit Margin at -4.58%, Pretax Profit Margin comes in at -4.17%, and Net Profit Margin reading is -4.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.23 and Total Capital is -0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
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 15.55 points at the first support level, and at 12.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.92, and for the 2nd resistance point, it is at 27.17.
Ratios To Look Out For
It is important to note that Mercurity Fintech Holding Inc [NASDAQ:MFH] has a current ratio of 2.59. As well, the Quick Ratio is 2.59, while the Cash Ratio is 2.07. Considering the valuation of this stock, the price to sales ratio is 1276.61, the price to book ratio is 48.27.