MoneyHero Ltd (NASDAQ: MNY) is -27.42% lower on its value in year-to-date trading and has touched a low of $0.55 and a high of $2.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNY stock was last observed hovering at around $0.78 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.81, the stock is 8.51% and 8.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing 4.22% at the moment leaves the stock -18.05% off its SMA200. MNY registered -61.11% loss for a year compared to 6-month loss of -31.69%. The firm has a 50-day simple moving average (SMA 50) of $0.75096 and a 200-day simple moving average (SMA200) of $0.991955.
The stock witnessed a 11.36% gain in the last 1 month and extending the period to 3 months gives it a -2.06%, and is 8.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.53% over the week and 2.81% over the month.
MoneyHero Ltd (MNY) has around 286 employees, a market worth around $35.12M and $79.51M in sales. Profit margin for the company is -48.24%. Distance from 52-week low is 47.48% and -70.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-79.06%).
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MoneyHero Ltd (MNY) Top Institutional Holders
12.0 institutions hold shares in MoneyHero Ltd (MNY), with institutional investors hold 4.32% of the company’s shares. The shares outstanding are 28.65M, and float is at 12.21M with Short Float at 1.65%. Institutions hold 1.87% of the Float.
The top institutional shareholder in the company is DIAMETRIC CAPITAL, LP with over 77767.0 shares valued at $0.15 million. The investor’s holdings represent 0.1909% of the MNY Shares outstanding. As of 2024-06-30, the second largest holder is ORLAND PROPERTIES LTD with 69297.0 shares valued at $0.13 million to account for 0.1701 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 50246.0 shares representing 0.1233% and valued at over $94964.0, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.1092 of the shares totaling 44500.0 with a market value of $84105.0.
