With 2.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.06 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.225 whereas the lowest price it dropped to was $0.1944. 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 0.84.
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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 -15.81%, but this was down by -31.39% over a month. Three-month performance dropped to -18.59% while six-month performance fell -31.20%. The stock lost -74.93% in the past year, while it has lost -78.01% 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 2024-11-29, short shares totaled 1.82 million, which was 11.0 higher than short shares on 1730332800. 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.
