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NASDAQ:MTC

MMTec (MTC) Stock Price, News & Analysis

MMTec logo
$1.31 -0.22 (-14.38%)
(As of 12/20/2024 05:51 PM ET)

About MMTec Stock (NASDAQ:MTC)

Key Stats

Today's Range
$1.28
$1.53
50-Day Range
$1.31
$3.62
52-Week Range
$1.28
$103.20
Volume
649,693 shs
Average Volume
499,800 shs
Market Capitalization
$13.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

MMTec, Inc., together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications. The company enables its customers to white label its trading interface, as well as select modular functionalities. It serves hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms. MMTec, Inc. was incorporated in 2018 and is headquartered in Sheung Wan, Hong Kong.

MMTec Stock Analysis - MarketRank™

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8th Percentile Overall Score

MTC MarketRank™: 

MMTec scored higher than 8% of companies evaluated by MarketBeat, and ranked 307th 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.

  • Consensus Rating

    There is not enough analysis data for MMTec.

  • Price to Book Value per Share Ratio

    MMTec has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    17.10% of the outstanding shares of MMTec have been sold short.
  • Short Interest Ratio / Days to Cover

    MMTec has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MMTec has recently increased by 23.81%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MMTec does not currently pay a dividend.

  • Dividend Growth

    MMTec does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    17.10% of the outstanding shares of MMTec have been sold short.
  • Short Interest Ratio / Days to Cover

    MMTec has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MMTec has recently increased by 23.81%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    MMTec has a news sentiment score of 0.34. 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 0.57 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for MMTec this week, compared to 0 articles on an average week.
  • Search Interest

    Only 1 people have searched for MTC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added MMTec to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    12.80% of the stock of MMTec is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 0.25% of the stock of MMTec is held by institutions.

  • Read more about MMTec's insider trading history.
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MTC Stock News Headlines

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
MMTEC, Inc. Announces 1-for-8 Reverse Stock Split
What's Going On With MMTec Shares Wednesday?
See More Headlines

MTC Stock Analysis - Frequently Asked Questions

MMTec's stock was trading at $8.00 at the beginning of the year. Since then, MTC stock has decreased by 83.6% and is now trading at $1.31.
View the best growth stocks for 2024 here
.

Shares of MMTec reverse split on the morning of Wednesday, December 18th 2024. The 1-8 reverse split was announced on Thursday, December 12th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, December 17th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Shares of MTC 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that MMTec investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), General Electric (GE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:MTC
Fax
N/A
Employees
60
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$-1,986,514.00
Book Value
$1.44 per share

Miscellaneous

Free Float
74,246,000
Market Cap
$13.94 million
Optionable
Not Optionable
Beta
0.83
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This page (NASDAQ:MTC) was last updated on 12/22/2024 by MarketBeat.com Staff
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