Is Missfresh Limited (NASDAQ: MF) Still A Loss Stock Despite Being Down -94.69% YTD? – Marketing Sentinel
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Is Missfresh Limited (NASDAQ: MF) Still A Loss Stock Despite Being Down -94.69% YTD?

During the last session, Missfresh Limited (NASDAQ:MF)’s traded shares were 2.65 million. At the end of the trading day, the stock’s price was $0.27, reflecting an intraday gain of 5.43% or $0.02. The 52-week high for the MF share is $11.00, that puts it down -3974.07 from that peak though still a striking 18.52% gain since the share price plummeted to a 52-week low of $0.22. The company’s market capitalization is $67.35M, and the average intraday trading volume over the past 10 days was 6.77 million shares, and the average trade volume was 3.04 million shares over the past three months.

Missfresh Limited (MF) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.10. MF has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

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Missfresh Limited (NASDAQ:MF) trade information

Missfresh Limited (MF) registered a 5.43% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 5.43% in intraday trading to $0.27 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -17.31%, and it has moved by -78.55% in 30 days. The short interest in Missfresh Limited (NASDAQ:MF) is 2.3 million shares and it means that shorts have 4.91 day(s) to cover.

The consensus price target of analysts on Wall Street is $37.50, which implies an increase of 99.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26.66 and $48.33 respectively. As a result, MF is trading at a discount of -17800.0% off the target high and -9774.07% off the low.

Revenue for the current quarter is expected to be $296.67 million as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $318.36 million by the end of Sep 2021.

While earnings are projected to return 37.70% in 2022.

MF Dividends

Missfresh Limited is due to release its next quarterly earnings on November 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Missfresh Limited (NASDAQ:MF)’s Major holders

Missfresh Limited insiders own 6.77% of total outstanding shares while institutional holders control 34.86%, with the float percentage being 37.39%. Davis Selected Advisers, LP is the largest shareholder of the company, while 13 institutions own stock in it. As of Dec 30, 2021, the company held over 6.21 million shares (or 3.00% of all shares), a total value of $31.09 million in shares.

The next largest institutional holding, with 2.72 million shares, is of Glade Brook Capital Partners LLC’s that is approximately 1.32% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $13.64 million.

Also, the Mutual Funds coming in first place with the largest holdings of Missfresh Limited (MF) shares are Davis New York Venture Fund and Selected American Shares Inc. Data provided on Oct 30, 2021 indicates that Davis New York Venture Fund owns about 0.59 million shares. This amounts to just over 0.28 percent of the company’s overall shares, with a $2.31 million market value. The same data shows that the other fund manager holds slightly less at 0.14 million, or about 0.07% of the stock, which is worth about $0.59 million.

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