mF International (NASDAQ:MFI) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

mF International Limited (NASDAQ:MFI) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $9.58 and traded as low as $9.47. mF International shares last traded at $9.47, with a volume of 944 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of mF International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, September 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

mF International Price Performance

The business has a 50 day moving average of $8.91 and a 200 day moving average of $9.58.

mF International (NASDAQ:MFI) last announced its quarterly earnings data on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million for the quarter. Research analysts predict that mF International Limited will post -0.07 EPS for the current fiscal year.

About mF International

mF International Limited is a financial services company that operates through subsidiaries in Hong Kong. The company provides services to corporate and individual clients in the investment and securities markets.

Its business activities include securities dealing and brokerage, corporate finance advisory, asset management, and investment advisory services. The company’s offerings are designed to support clients with investment transactions, capital-raising activities, and portfolio management.

mF International Limited is incorporated in the Cayman Islands and conducts its principal business activities in Hong Kong.