MoneyHero (NASDAQ:MNY) Upgraded by Wall Street Zen to Buy Rating

MoneyHero (NASDAQ:MNY) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Separately, Greenridge Global raised MoneyHero to a “strong-buy” rating and set a $4.00 price target for the company in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, MoneyHero has an average rating of “Strong Buy” and an average price target of $4.00.

MoneyHero Stock Performance

Shares of MNY stock opened at $1.50 on Friday. MoneyHero has a 1-year low of $0.55 and a 1-year high of $2.40. The company has a current ratio of 2.19, a quick ratio of 2.37 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $62.87 million, a price-to-earnings ratio of -3.00 and a beta of 1.30. The stock’s fifty day simple moving average is $1.83 and its 200-day simple moving average is $1.17.

About MoneyHero

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.