|Bid||1.7300 x 2200|
|Ask||1.7500 x 900|
|Day's Range||1.7300 - 1.8400|
|52 Week Range||0.6900 - 5.9400|
|Beta (5Y Monthly)||4.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31st. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China based technology company that provides access to the U.S. financial markets, today announced its financial results for the year ended December 31, 2020.
China’s MMTEC, Inc. (NASDAQ: MTC) priced 4.3 million shares at $3.70 per share to raise $15.9 million in a secondary offering. The offer price signifies an 18% discount on the Friday closing price. The offering proceeds will be utilized for growth capital and general working capital purposes and is estimated to close by February 24, 2021. A.G.P./Alliance Global Partners is the placement agent for the offering. MTC’s stock has gained 315% in the last quarter. The company posted a loss from operation of $1.04 million for the six months ended June 30, 2020, amidst escalating trade tensions between U.S. and China. Loss per share stood at $0.05. The closing cash balance stood at $1.8 million, and operating cash flow stood at $1.1 million. Price action: MTC shares are down 9.6% at $4.08 on the last check Monday. See more from BenzingaClick here for options trades from BenzingaMaxeon Names Micron's Kai Strohbecke As Finance ChiefSilicon Labs Explores Analog Business Divestment To Focus On IoT: Bloomberg© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.