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

mF International Limited (NASDAQ:MFI) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.77 and traded as low as $9.15. mF International shares last traded at $9.32, with a volume of 7,153 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of mF International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, mF International presently has a consensus rating of “Sell”.

mF International Trading Down 0.7%

The company has a fifty day moving average price of $8.68 and a 200-day moving average price of $9.76.

mF International (NASDAQ:MFI) last posted its earnings results on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share for the quarter. The company had revenue of $0.76 million for the quarter. As a group, equities research analysts predict that mF International Limited will post -0.07 earnings per share for the current fiscal year.

mF International Company Profile

mF International Limited is a Hong Kong-based financial services company that provides services through its operating subsidiaries. The company’s activities include securities brokerage and related investment services for clients.

Its business is focused on serving investors and other market participants, with services that may include the execution of securities transactions and associated financial and advisory support. Publicly available information about the company’s broader product offerings, geographic reach, and operating structure is limited.

mF International Limited is listed on the Nasdaq Capital Market under the symbol MFI.