On August 04, 2022, Molecular Data Inc. (NASDAQ: MKD) opened at $0.66, higher 16.07% from the last session. During the day, the shares moved up to $0.85 and dropped to $0.6131 before settling in for the closing price of $0.61. Price fluctuations for MKD have ranged from $0.43 to $10.05 over the past 52 weeks.
Top 5 Cheap Stocks to Own Right Now
While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.
Sign up here to get your free report now. .
Sponsored
Company’s average yearly earnings per share was noted -51.20% at the time writing. With a float of $100.73 million, this company’s outstanding shares have now reached $182.73 million.
Considering the fact that the conglomerate employs 189 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -0.13, operating margin of -4.36, and the pretax margin is -4.28.
Molecular Data Inc. (MKD) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Chemicals industry is another important factor to consider. The insider ownership of Molecular Data Inc. is 10.08%, while institutional ownership is 10.80%.
Molecular Data Inc. (MKD) Recent Fiscal highlights
This company achieved a net margin of -4.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.20% per share during the next fiscal year.
Molecular Data Inc. (NASDAQ: MKD) Trading Performance Indicators
Check out the current performance indicators for Molecular Data Inc. (MKD). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -73.05
Technical Analysis of Molecular Data Inc. (MKD)
Compared to the last year’s volume of 0.77 million, its volume of 0.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.24%. Additionally, its Average True Range was 0.08.
During the past 100 days, Molecular Data Inc.’s (MKD) raw stochastic average was set at 7.43%, which indicates a significant decrease from 66.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 168.85% in the past 14 days, which was higher than the 163.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6100, while its 200-day Moving Average is $2.5154. Nevertheless, the first resistance level for the watch stands at $0.8343 in the near term. At $0.9606, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0712. If the price goes on to break the first support level at $0.5974, it is likely to go to the next support level at $0.4868. Now, if the price goes above the second support level, the third support stands at $0.3605.
Molecular Data Inc. (NASDAQ: MKD) Key Stats
There are currently 9,209K shares outstanding in the company with a market cap of 6.41 million. Presently, the company’s annual sales total 1,164 M according to its annual income of -50,270 K. Last quarter, the company’s sales amounted to 4,063 M and its income totaled -60,326 K.