Nft Limited Stock Today

MI Stock   3.18  0.25  8.53%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 67

 
High
 
Low
Quite High
NFT is trading at 3.18 as of the 22nd of November 2024. This is a 8.53 percent increase since the beginning of the trading day. The stock's open price was 2.93. NFT has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for NFT Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
18th of September 2023
Category
Consumer Cyclical
Classification
Information Technology
NFT is entity of United States. It is traded as Stock on NYSE MKT exchange. The company has 4.08 M outstanding shares of which 2.49 K shares are now sold short in the market by investors with about 0.28 days to cover all shorted shares. More on NFT Limited

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Moving against NFT Stock

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NFT Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO BoardKuangtao Wang
Thematic IdeaBanking (View all Themes)
Business ConcentrationIT Consulting & Other Services, Software & Services, Information Technology, Banking, Information Technology, IT Services, Banking, Consumer Cyclical (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02780.0292
Notably Down
Slightly volatile
Gross Profit Margin0.850.7415
Fairly Up
Slightly volatile
Total Current Liabilities13 M12.9 M
Fairly Up
Slightly volatile
Total Assets46.2 M73.7 M
Way Down
Slightly volatile
Total Current Assets43.3 M73.7 M
Way Down
Slightly volatile
NFT can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NFT's financial leverage. It provides some insight into what part of NFT's total assets is financed by creditors.
Liquidity
NFT Limited reports 12.89 M of total liabilities with total debt to equity ratio (D/E) of 9.4, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Note however, debt could still be an excellent tool for NFT to invest in growth at high rates of return.

Change In Working Capital

3.01 Million
NFT Limited (MI) is traded on NYSE MKT Exchange in USA. It is located in Kings Wing Plaza 2, Sha Tin, Hong Kong and employs 27 people. NFT is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 11.96 M. NFT Limited is active under IT Services sector as part of Information Technology industry. The entity has 4.08 M outstanding shares of which 2.49 K shares are now sold short in the market by investors with about 0.28 days to cover all shorted shares. NFT Limited reports about 600.97 M in cash with (316.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check NFT Probability Of Bankruptcy
Ownership Allocation
The market capitalization of NFT Limited is USD11.96 Million. NFT Limited secures 17.93 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some future point.
Check NFT Ownership Details

NFT Historical Income Statement

As of now, NFT's Other Operating Expenses is increasing as compared to previous years. View More Fundamentals

NFT Stock Against Markets

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NFT. If investors know NFT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(127.66)
Revenue Per Share
0.312
Quarterly Revenue Growth
(0.66)
Return On Assets
(0.01)
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NFT's market value can be influenced by many factors that don't directly affect NFT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.