Mercurity Fintech Holding Inc (NASDAQ: MFH) Is Expected To Soar To Higher Prices In The Months To Come.

In the last trading session, 4.09 million Mercurity Fintech Holding Inc (NASDAQ:MFH) shares changed hands as the company’s beta touched 3.67. With the company’s per share price at $3.91 changed hands at -$0.15 or -3.69% during last session, the market valuation stood at $249.03M. MFH’s last price was a discount, traded about -126.6% off its 52-week high of $8.86. The share price had its 52-week low at $1.03, which suggests the last value was 73.66% up since then. When we look at Mercurity Fintech Holding Inc’s average trading volume, we note the 10-day average is 0.57 million shares, with the 3-month average coming to 171.47K.

Mercurity Fintech Holding Inc (NASDAQ:MFH) trade information

Instantly MFH was in red as seen at the end of in last trading. With action 10.76%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 160.67%, with the 5-day performance at 10.76% in the green. However, in the 30-day time frame, Mercurity Fintech Holding Inc (NASDAQ:MFH) is 9.22% up. Looking at the short shares, we see there were 0.66 million shares sold at short interest cover period of 2.3 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -115.58%.

MFH Dividends

Mercurity Fintech Holding Inc is expected to release its next quarterly earnings report in July.

Mercurity Fintech Holding Inc (NASDAQ:MFH)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 69.55% of Mercurity Fintech Holding Inc shares while 3.26% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.72%. There are 3.26% institutions holding the Mercurity Fintech Holding Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 0.0671% of the shares, roughly 32819.0 MFH shares worth $68920.0.

GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.0527% or 25768.0 shares worth $54112.0 as of 2024-06-30.