Mmtec Inc Stock Today

MTC Stock  USD 0.23  0.08  25.81%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
MMTEC is trading at 0.23 as of the 25th of November 2024, a 25.81 percent decrease since the beginning of the trading day. The stock's open price was 0.31. MMTEC has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for MMTEC Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
8th of January 2019
Category
Technology
Classification
Information Technology
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 was founded in 2015 and is headquartered in Beijing, the Peoples Republic of China. The company has 199.14 M outstanding shares of which 1.36 M shares are now shorted by investors with about 0.13 days to cover. More on MMTEC Inc

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MMTEC Stock Highlights

Old NamemetalCORP Limited
Business ConcentrationApplication Software, Software - Application, Information Technology, Stock Exchange Of, SET100 Index, SET50 Index, NASDAQ Composite, SET Total Return, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00530.0055
Notably Down
Pretty Stable
Gross Profit Margin0.580.8012
Way Down
Slightly volatile
Total Current Liabilities2.1 MM
Sufficiently Up
Slightly volatile
Total Assets164.8 M157 M
Sufficiently Up
Slightly volatile
Total Current Assets4.7 MM
Way Up
Slightly volatile
Debt Levels
MMTEC 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 MMTEC's financial leverage. It provides some insight into what part of MMTEC's total assets is financed by creditors.
Liquidity
MMTEC Inc has 33.16 M in debt with debt to equity (D/E) ratio of 0.1, which may show that the company is not taking advantage of profits from borrowing. MMTEC Inc has a current ratio of 8.66, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MMTEC to invest in growth at high rates of return.

Investments

(82.21 Million)
MMTEC Inc (MTC) is traded on NASDAQ Exchange in USA. It is located in FWD Financial Center, Sheung Wan, Hong Kong and employs 65 people. MMTEC is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 46.7 M. MMTEC Inc runs under Software sector within Information Technology industry. The entity has 199.14 M outstanding shares of which 1.36 M shares are now shorted by investors with about 0.13 days to cover. MMTEC Inc has about 7.02 M in cash with (5.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.24, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check MMTEC Probability Of Bankruptcy
Ownership Allocation
MMTEC Inc maintains a total of 199.14 Million outstanding shares. Roughly 99.62 % of MMTEC outstanding shares are held by general public with 0.18 pct. owned by insiders and only 0.2 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MMTEC Ownership Details

MMTEC Stock Institutional Holders

InstituionRecorded OnShares
Virtu Financial Llc2024-06-30
0.0
Xtx Topco Ltd2024-09-30
0.0
Hrt Financial Llc2024-06-30
0.0
Amvescap Plc.2024-06-30
163.4 K
Two Sigma Securities, Llc2024-06-30
160.2 K
Geode Capital Management, Llc2024-09-30
118.6 K
Two Sigma Investments Llc2024-09-30
35.8 K
Cubist Systematic Strategies, Llc2024-09-30
34.7 K
Ubs Group Ag2024-06-30
14.6 K
Advisor Group Holdings, Inc.2024-06-30
K
Tower Research Capital Llc2024-06-30
3.1 K
View MMTEC Diagnostics

MMTEC Historical Income Statement

At present, MMTEC's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 731.8 K, whereas Net Interest Income is projected to grow to (510.1 K). View More Fundamentals

MMTEC Stock Against Markets

When determining whether MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Application Software 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 MMTEC. If investors know MMTEC 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 MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.008
Quarterly Revenue Growth
2.895
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC'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 MMTEC's market value can be influenced by many factors that don't directly affect MMTEC'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 MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.