MICT Inc. (NASDAQ: MICT) started the day on July 13, 2021, with a price increase of 3.32% at $2.18. During the day, the stock rose to $2.2068 and sunk to $2.07 before settling in for the price of $2.11 at the close. Taking a more long-term approach, MICT posted a 52-week range of $1.23-$8.45.In the past 5-years timespan, the Technology sector firm’s annual sales growth was -45.10%. Meanwhile, its Annual Earning per share during the time was -14.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -111.00%. This publicly-traded company’s shares outstanding now amounts to $88.56 million, simultaneously with a float of $75.44 million. The organization now has a market capitalization sitting at $238.10 million. At the time of writing, stock’s 50-day Moving Average stood at $2.03, while the 200-day Moving Average is $2.17.
If we measure the efficiency of the company that is accounted for 53 employees. For the Profitability, stocks gross margin was -162.40, operating margin was -1413.38 and Pretax Margin of -2042.80.
MICT Inc. (MICT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Computer Hardware Industry. MICT Inc.’s current insider ownership accounts for 7.60%, in contrast to 9.70% institutional ownership. According to the most recent insider trade that took place on May 17, this organization’s CEO bought 6,000,000 shares at the rate of 1.41, making the entire transaction reach 8,460,000 in total value, affecting insider ownership by 6,000,000. Preceding that transaction, on Aug 28, Company’s Director sold 13,000 for 4.94, making the whole transaction’s value amount to 64,181. This particular insider is now the holder of 185,000 in total.
MICT Inc. (MICT) Earnings and Revenue Records
This company achieved a net margin of -1960.10 while generating a return on equity of -70.41.
MICT Inc.’s EPS decrease for this current 12-month fiscal period is -111.00%.
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 11.50. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 23.57.
In the same vein, MICT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.77.
Technical Analysis of MICT Inc. (MICT)
If we take a close look at the recent performances of MICT Inc. (NASDAQ: MICT), its last 5-days Average volume was 2.41 million that shows plunge from its year to date volume of 5.1 million. During the previous 9 days, stock’s Stochastic %D was recorded 49.60% While, its Average True Range was 0.15.
Raw Stochastic average of MICT Inc. (MICT) in the period of the previous 100 days is set at 47.50%, which indicates a major fall in contrast to 50.00% 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 55.80% that was lower than 86.30% volatility it exhibited in the past 100-days period.