In last trading session, Mmtec, Inc. (NASDAQ:MTC) saw 6,524,659 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $1.34 trading at $0.36 or 36.97% at ring of the bell on the day assigns it a market valuation of $26.89 Million. That closing price of MTC’s stock is at a discount of -474.63% from its 52-week high price of $7.7 and is indicating a premium of 52.24% from its 52-week low price of $0.64. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 189.43 Million shares which gives us an average trading volume of 334.89 Million if we extend that period to 3-months.
Mmtec, Inc. (NASDAQ:MTC) trade information
Upright in the green today for gaining 36.97%, in the last five days MTC remained trading in the green while hitting it’s week-highest on Wednesday, Oct 14 when the stock touched $1.4 price level, adding 4.29% to its value on the day. Mmtec, Inc.’s shares saw a change of -31.29% in year-to-date performance and have moved 47.41% in past 5-day. Mmtec, Inc. (NASDAQ:MTC) showed a performance of 50.99% in past 30-days. Number of shares sold short was 114.51 Million shares which calculate 0.34 days to cover the short interests.
Mmtec, Inc. (MTC) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 5.5% while estimates for its earnings growth in next 5 years are of 0%
Mmtec, Inc. (NASDAQ:MTC)’s Major holders
Insiders are in possession of 63.41% of company’s total shares while institution are holding 0.12% percent of that, with stock having share float percentage of 0.33%. Investors also watch the number of corporate investors in a company very closely, which is 4 institutions for Mmtec, Inc. that are currently holding shares of the company. Virtu Financial LLC is the top institutional holder at MTC for having 54.53 Thousand shares of worth $73.61 Thousand. And as of June 29, 2020, it was holding 0.27% of the company’s outstanding shares.
The second largest institutional holder is HRT Financial LLC, which was holding about 44.39 Thousand shares on June 29, 2020. The number of shares represents firm’s hold over 0.22% of outstanding shares, having a total worth of $59.93 Thousand.