MMTec (NASDAQ:MTC) Trading 60.7% Higher

MMTec, Inc. (NASDAQ:MTCGet Free Report) traded up 60.7% during trading on Wednesday . The stock traded as high as $3.70 and last traded at $3.60. 9,295,962 shares were traded during mid-day trading, an increase of 536% from the average session volume of 1,462,426 shares. The stock had previously closed at $2.24.

MMTec Stock Performance

The stock has a 50 day simple moving average of $1.86 and a 200-day simple moving average of $1.51.

MMTec Company Profile

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MMTec, Inc, together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications.

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