mF International (NASDAQ:MFI) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

mF International Limited (NASDAQ:MFIGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.43 and traded as low as $8.46. mF International shares last traded at $8.7340, with a volume of 15,798 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded mF International from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Get Our Latest Report on MFI

mF International Trading Up 12.7%

The stock’s 50-day simple moving average is $8.51 and its 200-day simple moving average is $10.37.

mF International Company Profile

(Get Free Report)

MicroFinancial Incorporated (MicroFinancial) operates through its wholly-owned subsidiaries, TimePayment Corp. (TimePayment) and Leasecomm Corporation (Leasecomm). TimePayment is a specialized commercial/consumer finance company that leases and rents equipment, and provides other financing services, with a focus on the microticket market. TimePayment finances a variety of products, including water filtration systems, food service equipment, security equipment, point of sale (POS) cash registers, salon equipment, copiers, health care and fitness equipment, and automotive repair equipment.

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