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Market cap of Mercurity Fintech Holding Inc. [MFH] reaches 27.11M – now what?

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Mercurity Fintech Holding Inc. [NASDAQ: MFH] surged by $0.6 during the normal trading session on Friday and reaching a high of $4.50 during the day while it closed the day at $3.89. The company report on January 12, 2021 that Mercurity Fintech Holding Inc. to Hold Extraordinary General Meeting on February 5, 2021.

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Mercurity Fintech Holding Inc. (the “Company”) (Nasdaq: MFH) announced that it will hold its extraordinary general meeting of shareholders at Room 536, 5th Floor, Building No.1, No. 35 Shangdi East Road, Haidian District, Beijing, People’s Republic of China on February 5, 2021 at 10:00 a.m. (local time).

The Board of Directors of the Company has fixed the close of business on January 12, 2021 (Eastern Standard Time) as the record date for determining the shareholders entitled to receive notice of the extraordinary general meeting or any adjournment or postponement thereof. Holders of record of the Company’s ordinary shares at the close of business on the record date will be entitled to attend, and to vote at, the extraordinary general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company’s ADSs are welcome to attend the extraordinary general meeting in person but must act through Citibank, N.A., the depositary of the Company’s ADS program, to exercise their voting rights for the underlying ordinary shares. In order to assist us in our preparation for the extraordinary general meeting, please RSVP by email to ir@mercurity.com.

Mercurity Fintech Holding Inc. stock has also gained 8.36% of its value over the past 7 days. However, MFH stock has inclined by 53.37% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.08% and gained 27.54% year-on date.

The market cap for MFH stock reached $27.11 million, with 6.64 million shares outstanding and 3.05 million shares in the current float. Compared to the average trading volume of 585.02K shares, MFH reached a trading volume of 2891662 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Mercurity Fintech Holding Inc. [MFH]:

The Average True Range (ATR) for Mercurity Fintech Holding Inc. is set at 0.56, with the Price to Sales ratio for MFH stock in the period of the last 12 months amounting to 15.06. The Price to Book ratio for the last quarter was 2.30, with the Price to Cash per share for the same quarter was set at 0.03.

MFH stock trade performance evaluation

Mercurity Fintech Holding Inc. [MFH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.36. With this latest performance, MFH shares gained by 35.07% in over the last four-week period, additionally plugging by 14.08% over the last 6 months – not to mention a rise of 110.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MFH stock in for the last two-week period is set at 57.34, with the RSI for the last a single of trading hit 59.83, and the three-weeks RSI is set at 56.35 for Mercurity Fintech Holding Inc. [MFH]. The present Moving Average for the last 50 days of trading for this stock 3.17, while it was recorded at 3.42 for the last single week of trading, and 2.54 for the last 200 days.

Mercurity Fintech Holding Inc. [MFH]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Mercurity Fintech Holding Inc. [MFH] shares currently have an operating margin of +26.23 and a Gross Margin at +85.21. Mercurity Fintech Holding Inc.’s Net Margin is presently recorded at +27.79.

Reflecting on the efficiency of the workforce at the company, Mercurity Fintech Holding Inc. [MFH] managed to generate an average of $25,463 per employee. Receivables Turnover for the company is 0.77 with a Total Asset Turnover recorded at a value of 0.25.Mercurity Fintech Holding Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 5.30.

Mercurity Fintech Holding Inc. [MFH]: Insider Ownership positions Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

3 institutional holders increased their position in Mercurity Fintech Holding Inc. [NASDAQ:MFH] by around 42,861 shares. Additionally, 3 investors decreased positions by around 27,023 shares, while 0 investors held positions by with 6,537 shares. The mentioned changes placed institutional holdings at 76,421 shares, according to the latest SEC report filing. MFH stock had 2 new institutional investments in for a total of 42,853 shares, while 1 institutional investors sold positions of 4,580 shares during the same period.

Source: https://dbtnews.com/2021/02/01/market-cap-of-mercurity-fintech-holding-inc-mfh-reaches-27-11m-now-what/

Fintech

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML.

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September 14, 2021September 14, 202100

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance

MonetaGo, a financial technology solutions provider, announced a new platform to combat financing fraud in trade finance on a global level. The world of trade finance has repeatedly been the victim of duplicate financing fraud. In such cases, firms may secure financing in the country of origin, the destination country and a financial center – all on the same trade.

bunq Partners With Paysafe to Enable Cash Deposits for Digital Banking

bunq, the app-based Dutch challenger bank, has partnered with leading specialised payments platform, Paysafe, to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe’s eCash solutions, to conveniently add cash into their bunq accounts.

Influ2 to Present at Gartner Marketing Symposium/Xpo

Influ2, a Person-Based Marketing platform that allows B2B marketers to reach key decision-makers within their target accounts, announced that the Head of ABM, Daria Ivanova, and VP of Marketing, Nirosha Methananda, will speak at this year’s Gartner Marketing Symposium/Xpo.

Avex Market Launches State of the Art Crypto Trading Platform

Speculations regarding the possible adoption of cryptocurrencies as legal tender all over the world have enhanced the crypto market’s volatility. For that reason, newly launched trading brand Avex Market has announced that it is implementing a trading platform with unprecedented technology.

Bitlocus Exchange Announces the Private Sales Round for Its Native Token

We’re delighted to announce that registration for the Bitlocus token private sales, a fast-developing DeFi investment platform for fiat-based investors, has opened. Considering DeFi as a fast-paced industry with constant innovation and an expanding ecosystem, many investors and businesses find it difficult to grasp or integrate this into their operations, preventing them from accessing the many benefits and potentials of the fast-growing industry.

Source: https://globalfintechseries.com/fintech/daily-fintech-series-roundup-top-fintech-news-analytics-and-insights-14-sept/

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Fintech

What Is Your Next Step? –

Find the latest HUMBL stocks quote, history, news and other vital information to help you with your stock trading

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What Is Your Next Step? – Fintech Zoom | Fintech Zoom

What Is Your Next Step? – Fintech Zoom

HUMBL (HMBL) stock was falling down from $0.9950 on July 19 to $0.7960 on August 5 with the small volatility. However, after this fall, the stock started to grow at a fast pace and reached $0.9449 on August 6. But the stock did not stay in that place and again started to continuously fall with the small volatility until it reached $0.8060 for today.
HUMBL® Announces Launch of HUMBL Pay Mobile ApplicationHUMBL’s stock has fallen amid a selloff and now should the investors consider obtaining the stock? There is no news in the previous week, however, a little bit earlier it was announced that the company has entered into a Securities Purchase Agreement with the Aurea Group Ventures which is based in Chile.

According to the agreement, Aurea obtains the common stock of the company and the country rights for the territory of Chile for the amount of $75 million. Aurea Group Ventures already have acquired 437,000 shares of the company which was totaled $1 million.

Finance and Entertainment Reporter

Richard is a bottle of wine – the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Fintech Zoom. Readers get the updated posts regularly from him searching for real-time news.

What Is Your Next Step? – Fintech Zoom

Tags: Gamestop Stock , AMC Stock
Stock Market, Latest News on C N N.

What Is Your Next Step? – Fintech Zoom | Fintech Zoom

Tags: Gamestop Stock , AMC Stock
Stock Market, Latest News on C N N.

Source: https://fintechzoom.com/fintech_news_tsnp-stock/what-is-your-next-step-fintech-zoom-fintech-zoom/

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Fintech

Thinking about buying stock in Sphere 3D, Future Fintech Group, Vinco Ventures, Globalstar, or Sundial Growers?

/PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ANY, FTFT, BBIG, GSAT, and SNDL. To see how InvestorsObserver’s proprietary scoring…

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NEW YORK, Sept. 3, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ANY, FTFT, BBIG, GSAT, and SNDL.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

SOURCE InvestorsObserver

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http://www.investorsobserver.com

Source: https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-sphere-3d-future-fintech-group-vinco-ventures-globalstar-or-sundial-growers-301369164.html

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