MMTec, Inc. (NASDAQ:MTC – Get Free Report)’s stock price traded up 0.8% on Tuesday . The company traded as high as $4.90 and last traded at $4.77. 51,890 shares traded hands during mid-day trading, an increase of 186% from the average daily volume of 18,164 shares. The stock had previously closed at $4.73.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of MMTec in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.
Check Out Our Latest Report on MMTec
MMTec Stock Performance
MMTec (NASDAQ:MTC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.01) EPS for the quarter.
About MMTec
MMTec Limited (NASDAQ: MTC) is a financial technology and financial services company that operates through subsidiaries in China. The company focuses on providing technology-enabled services for participants in the financial markets.
Its business activities include securities brokerage, investment banking, asset management and financial technology solutions. MMTec’s technology-oriented services are intended to support functions such as securities trading, investment management and related financial-market operations.
MMTec is incorporated in the Cayman Islands and has developed its business primarily in connection with the Chinese financial-services market.
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