Mega Matrix Inc (AMEX: MPU) is 11.57% higher on its value in year-to-date trading and has touched a low of $0.49 and a high of $2.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MPU stock was last observed hovering at around $2.13 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $2.41, the stock is 43.35% and 99.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 13.15% at the moment leaves the stock 103.67% off its SMA200. MPU registered 73.38% gain for a year compared to 6-month loss of 72.14%. The firm has a 50-day simple moving average (SMA 50) of $1.1768 and a 200-day simple moving average (SMA200) of $1.1765.
The stock witnessed a 170.79% gain in the last 1 month and extending the period to 3 months gives it a 161.96%, and is 10.55% 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 12.30% over the week and 22.41% over the month.
Mega Matrix Inc (MPU) has around 163 employees, a market worth around $98.35M and $15.63M in sales. Profit margin for the company is -34.30%. Distance from 52-week low is 396.91% and -9.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.01%).
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Mega Matrix Inc (MPU) Top Institutional Holders
15.0 institutions hold shares in Mega Matrix Inc (MPU), with institutional investors hold 3.94% of the company’s shares. The shares outstanding are 34.54M, and float is at 28.88M with Short Float at 2.71%. Institutions hold 3.93% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.2 million shares valued at $2.97 million. The investor’s holdings represent 3.2316% of the MPU Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.24 million shares valued at $0.6 million to account for 0.653 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.23 million shares representing 0.6131% and valued at over $0.56 million, while STATE STREET CORP holds 0.2398 of the shares totaling 88800.0 with a market value of $0.22 million.
Mega Matrix Inc (MPU) Insider Activity
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