MMTec (MTC) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.28 to $1.53
• 50-Day Range: $1.31 to $3.62
• 52-Week Range: $1.28 to $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

MMTec Stock Analysis - 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.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for MMTec.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

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.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

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

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

Dividend Yield

MMTec does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

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 and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

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 0.59 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 -67% 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.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

MTC Stock Analysis - Frequently Asked Questions

How have MTC shares performed this year?

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

When did MMTec's stock split?

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 closing bell 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.

How do I buy shares of MMTec?

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.

What other stocks do shareholders of MMTec own?

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

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MTC
• CUSIP: N/A
• CIK: 1742518
• Web: www.51mm.com
• Phone: (523) 690-8356
• Fax: N/A
• Employees: 60
• 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: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $-1,986,514.00
• Price / Sales: -7.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.44 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 10,643,000
• Free Float: 74,246,000
• Market Cap: $13.94 million
• Optionable: Not Optionable
• Beta: 0.83