Missfresh Limited (NASDAQ:MF) saw a downside of -18.77% to close Tuesday at $2.12 after subtracting -$0.49 on the day. The 5-day average trading volume is 40,898,699 shares of the company’s common stock. It has gained $3.28 in the past week and touched a new high 3 times within the past 5 days. An average of 10,286,930 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,182,970.
MF’s 1-month performance is 323.49% or $1.63 on its low of $0.41 reached on 08/01/23. The company’s shares have touched a 52-week low of $0.41 and high of $6.30, with the stock’s rally to the 52-week high happening on 08/07/23. YTD, MF has achieved 19.10% or $0.34 and has reached a new high 6 times. However, the current price is down -66.35% from the 52-week high price.
Valuation Metrics
MF stock has a beta of -2.12. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.00.
The trailing 12-month EBITDA margin is -53.72%. The firm’s gross profit as reported stood at $84.16 million against revenue of $400.35 million.
Earnings Surprise
Missfresh Limited’s cash and short-term investments amounted to $6.59 million against total debt of $5.04 million. Net income shrunk -198.55% to -$219.06 million, while revenue of $0.0 was 100.0% off the previous quarter. MF stock balance sheet for the recent quarter shows that total liabilities totaled 299.55 million, with total debt at $5.04 million.
Let’s look briefly at Missfresh Limited (MF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 75.67% to suggest the stock is trending Overbought, with historical volatility in this time period at 685.37%.
The stock’s 5-day moving average is $1.54, reflecting a +403.56% or $1.70 change from its current price. MF is currently trading +317.73% above its 20-day SMA, +40.86% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +253.27% and SMA200 by+26.95%.
Stochastic %K and %D was 70.44% and 56.32% and the average true range (ATR) pointed at 0.45. The RSI (14) points at 75.23%, while the 14-day stochastic is at 59.57% with the period’s ATR at 0.33. The stock’s 9-day MACD Oscillator is pointing at 1.17 and 1.38 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Missfresh Limited (NASDAQ: MF), Citigroup launched coverage with a Buy rating. Analysts offering their rating for MF stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate MF as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is MF’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $26.66 and a high of $26.66, with their median price target at $26.66. Looking at these predictions, the average price target given by analysts is for Missfresh Limited (MF) stock is $26.66.
