Mercurity Fintech Holding Inc (MFH) saw downtrend of -57.36% in the recent trading with $2.2 being its most recent. The current price level -75.17% lower than the highest price of $8.86 marked by the stock while trading over the past 52-weeks, whereas it is 113.59% higher than the lowest price of $1.03 the company dropped to over past 52-weeks. The latest news story on MFH appeared in (GlobeNewswire) under the title “Mercurity Fintech Holding Inc. Announces Pricing of Registered Direct Offering of $43.70 Million For Crypto Treasury Strategy” on Today.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
Mercurity Fintech Holding Inc Earnings – What Happened With MFH
Coming around sales and income figures on MFH Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Mercurity Fintech Holding Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 4.44 billion. MFH does have institutional investors; and they hold 25.59% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Mercurity Fintech Holding Inc (NASDAQ:MFH) with an ownership of 32819.0 shares of the company or 0.0671 of the stake worth $68920.0. The filing also reveals GEODE CAPITAL MANAGEMENT, LLC as the second largest holder in the company with a control over 0.0527 of the outstanding shares. Its stake is worth $54112.0 for having 25768.0 shares in hand.
OPPENHEIMER & CO INC also came holding a key position in the company during the recent quarter and it now holds 0.046 of the outstanding shares. With this there are now 31.0 institutions which have possession in MFH’s shares.
Key Metrics forMFH
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Mercurity Fintech Holding Inc has a debt to equity ratio of 0.32.
