With 3.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.39 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.26 whereas the lowest price it dropped to was $0.23. The 52-week range on MTC shows that it touched its highest point at $12.90 and its lowest point at $0.18 during that stretch. Beta for the stock currently stands at 0.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTC was down-trending over the past week, with a drop of -25.36%, but this was down by -37.07% over a month. Three-month performance dropped to -15.17% while six-month performance fell -45.17%. The stock lost -82.86% in the past year, while it has lost -76.34% so far this year.
Float and Shares Shorts:
At present, 199.15 million MTC shares are outstanding with a float of 198.78 million shares on hand for trading. On 2024-10-31, short shares totaled 1.36 million, which was 68.0 higher than short shares on 1727654400. In addition to Mr. Xiangdong Wen as the firm’s Chairman & CEO, Mr. Min Kong serves as its CFO & Director.
Institutional Ownership:
Through their ownership of 0.00207 of MTC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
Analysts have provided yearly estimates in a range of $2.83336 being high and $2.83336 being low. For MTC, this leads to a yearly average estimate of $2.83336. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
