MMTec, Inc. (NASDAQ:MTC – Get Free Report)’s share price dropped 3.8% on Tuesday. The company traded as low as $5.30 and last traded at $5.30. 7,712 shares were traded during mid-day trading, The stock had previously closed at $5.51.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MMTec in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.
Read Our Latest Stock Report on MTC
MMTec Trading Down 4.9%
The firm’s 50-day moving average price is $4.98 and its two-hundred day moving average price is $4.53.
MMTec (NASDAQ:MTC – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.01) EPS for the quarter.
About MMTec
MMTec, Inc (NASDAQ: MTC) is a financial technology company focused on providing financial services and technology solutions. The company’s business has included online securities brokerage, investment-related services and technology platforms designed to support trading and investment activities.
MMTec has also been associated with asset management and other capital-markets services, including solutions intended to connect investors with financial products and market opportunities. Its operations have primarily been linked to China and the broader Chinese financial-services market, although the scope of its activities may change as the company develops its business.
Publicly available information provides limited detail about MMTec’s current operating segments, products and leadership structure.
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