MICT Inc. (NASDAQ: MICT) open the trading on February 22, 2021, with great promise as it jumped 6.43% to $2.65. During the day, the stock rose to $3.23 and sunk to $2.51 before settling in for the price of $2.49 at the close. Taking a more long-term approach, MICT posted a 52-week range of $0.44-$8.45.
The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded -57.50%. Meanwhile, its Annual Earning per share during the time was -1.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 51.80%. This publicly-traded company’s shares outstanding now amounts to $91.05 million, simultaneously with a float of $35.94 million. The organization now has a market capitalization sitting at $264.89 million. At the time of writing, stock’s 50-day Moving Average stood at $2.21, while the 200-day Moving Average is $2.53.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 53 employees. It has generated 10,841 per worker during the last fiscal year. Meanwhile, its income per employee was -95,841. The stock had 0.65 Receivables turnover and 0.06 Total Asset turnover. For the Profitability, stocks gross margin was -81.55, operating margin was -811.11 and Pretax Margin of -996.44.
MICT Inc. (MICT) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Computer Hardware industry. MICT Inc.’s current insider ownership accounts for 2.80%, in contrast to 7.80% institutional ownership. According to the most recent insider trade that took place on Aug 28, this organization’s Director sold 13,000 shares at the rate of 4.94, making the entire transaction reach 64,181 in total value, affecting insider ownership by 185,000. Preceding that transaction, on Aug 27, Company’s Director sold 7,000 for 5.08, making the whole transaction’s value amount to 35,544. This particular insider is now the holder of 198,000 in total.
MICT Inc. (MICT) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2020 suggests? It has posted -$0.07 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.1) by $0.03. This company achieved a net margin of -884.07 while generating a return on equity of -369.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
MICT Inc.’s EPS increase for this current 12-month fiscal period is 51.80% and is forecasted to reach -0.16 in the upcoming year.
MICT Inc. (NASDAQ: MICT) Trading Performance Indicators
Let’s observe the current performance indicators for MICT Inc. (MICT). It’s Quick Ratio in the last reported quarter now stands at 3.80. The Stock has managed to achieve an average true range (ATR) of 0.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 882.98.
In the same vein, MICT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.85, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.16 at the market close of one year from today.
Technical Analysis of MICT Inc. (MICT)
[MICT Inc., MICT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 57.42% While, its Average True Range was 0.36.
Raw Stochastic average of MICT Inc. (MICT) in the period of the previous 100 days is set at 31.41%, which indicates a major fall in contrast to 51.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 133.33% that was higher than 128.29% volatility it exhibited in the past 100-days period.