mF International (NASDAQ:MFI) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of mF International Limited (NASDAQ:MFI) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $9.66 and traded as low as $9.50. mF International shares last traded at $9.60, with a volume of 2,440 shares trading hands.

Analyst Ratings Changes

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

mF International Stock Performance

The business has a fifty day simple moving average of $8.80 and a 200 day simple moving average of $9.66.

mF International (NASDAQ:MFI) last posted its earnings results on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share for the quarter. The firm had revenue of $0.76 million during the quarter. On average, sell-side analysts predict that mF International Limited will post -0.07 earnings per share for the current fiscal year.

About mF International

mF International Limited is a Hong Kong-based financial services company that provides services through its operating subsidiaries. The company’s activities include securities brokerage and related investment services for clients.

Its business is focused on serving investors and other market participants, with services that may include the execution of securities transactions and associated financial and advisory support. Publicly available information about the company’s broader product offerings, geographic reach, and operating structure is limited.

mF International Limited is listed on the Nasdaq Capital Market under the symbol MFI.