Mmtec Inc (MTC)

Overview News Price History Discussions Forecast Stock Split

Mmtec Inc stock is currently priced at $1.6209, with a 24-hour trading volume of 76,674. It has seen a -4.65% decreased in the last 24 hours and a -14.24% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $1.67 pivot point. If it approaches the $1.61 support level, significant changes may occur.

Mmtec Inc Stock (MTC) Financials Data

Mmtec Inc (MTC) Revenue 2024

MTC reported a revenue (TTM) of $3.22 million for the quarter ending June 30, 2023, a +250.20% rise year-over-year.

Mmtec Inc (MTC) Net Income 2024

MTC net income (TTM) was -$17.14 million for the quarter ending June 30, 2023, a -277.59% decrease year-over-year.

Mmtec Inc (MTC) Cash Flow 2024

MTC recorded a free cash flow (TTM) of -$4.45 million for the quarter ending June 30, 2023, a -91.22% decrease year-over-year.

Mmtec Inc (MTC) Earnings per Share 2024

MTC earnings per share (TTM) was -$1.15 for the quarter ending June 30, 2023, a +43.90% growth year-over-year.

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Mmtec, Inc. develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements in the People's Republic of China. It offers Internet-based securities solutions, such as Securities Dealers Trading System, which includes securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web. The company enables its customers to white label its trading interface, as well as select various functionalities. It serves hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms. The company was founded in 2015 and is headquartered in Beijing, the People's Republic of China.