Mercurity Fintech (MFH) Stock Price, News & Analysis

Company Overview

Mercurity Fintech Holding Inc. operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals. It also offers cryptocurrency mining services that provides computing power to the mining pool; and digital consultation services, such as digital payment solutions, asset management, and online and traditional brokerage services. The company was formerly known as JMU Limited and changed its name to Mercurity Fintech Holding Inc. in April 2020. Mercurity Fintech Holding Inc. was incorporated in 2011 and is headquartered in New York, New York.

Key Stats

• Today's Range: $5.60 to $6.68
• 50-Day Range: $1.13 to $7.38
• 52-Week Range: $1.03 to $8.07
• Volume: 56,619 shs
• Average Volume: 107,151 shs
• Market Capitalization: $340.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Mercurity Fintech Stock Analysis - MarketRank™

Mercurity Fintech scored higher than 17% of companies evaluated by MarketBeat, and ranked 288th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mercurity Fintech.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Mercurity Fintech has a P/B Ratio of 19.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.26% of the outstanding shares of Mercurity Fintech have been sold short.

Short Interest Ratio / Days to Cover

Mercurity Fintech has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mercurity Fintech has recently decreased by 7.35%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mercurity Fintech does not currently pay a dividend.

Dividend Growth

Mercurity Fintech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.26% of the outstanding shares of Mercurity Fintech have been sold short.

Short Interest Ratio / Days to Cover

Mercurity Fintech has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mercurity Fintech has recently decreased by 7.35%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.24

News Sentiment

Mercurity Fintech has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Mercurity Fintech this week, compared to 0 articles on an average week.

Search Interest

Only 3 people have searched for MFH on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mercurity Fintech insiders have not sold or bought any company stock.

Percentage Held by Insiders

62.80% of the stock of Mercurity Fintech is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 30.82% of the stock of Mercurity Fintech is held by institutions.

MFH Stock Analysis - Frequently Asked Questions

How have MFH shares performed this year?

Mercurity Fintech's stock was trading at $2.60 on January 1st, 2024. Since then, MFH shares have increased by 115.4% and is now trading at $5.60.
View the best growth stocks for 2024 here.

When did Mercurity Fintech's stock split?

Mercurity Fintech shares reverse split on Tuesday, February 28th 2023. The 1-400 reverse split was announced on Tuesday, February 28th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 0 shares after the split.

How do I buy shares of Mercurity Fintech?

Shares of MFH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mercurity Fintech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mercurity Fintech investors own include Baidu (BIDU), General Motors (GM), NVIDIA (NVDA), Tesla (TSLA), Exxon Mobil (XOM), Alibaba Group (BABA) and Cisco Systems (CSCO).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MFH
• CUSIP: N/A
• CIK: 1527762
• Web: www.mercurity.com
• Phone: 86-10-6266-8858
• Fax: 86-21-2525-9953
• Employees: 10
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.87
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $716,863.00
• Price / Sales: 475.19
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.29 per share
• Price / Book: 19.31

Miscellaneous

• Outstanding Shares: 60,830,000
• Free Float: 22,629,000
• Market Cap: $340.65 million
• Optionable: Not Optionable
• Beta: 3.42