MoneyHero Ltd (NASDAQ: MNY) is -42.16% lower on its value in year-to-date trading and has touched a low of $0.55 and a high of $1.93 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 $1.03 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.07, the stock is 33.28% and 37.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 3.88% at the moment leaves the stock 11.16% off its SMA200. MNY registered -4.46% loss for a year compared to 6-month loss of 0.00%.
The stock witnessed a 44.59% gain in the last 1 month and extending the period to 3 months gives it a 38.94%, and is 52.86% 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 17.36% over the week and 11.11% over the month.
MoneyHero Ltd (MNY) has around 286 employees, a market worth around $46.23M and $71.65M in sales. Profit margin for the company is -38.67%. Distance from 52-week low is 94.12% and -44.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.21%).
The shares outstanding are 29.95M, and float is at 11.89M with Short Float at 1.73%.
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.
