mF International (NASDAQ:MFI) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of mF International Limited (NASDAQ:MFI) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $9.47 and traded as low as $8.05. mF International shares last traded at $8.05, with a volume of 5,775 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings lowered mF International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, September 16th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, mF International presently has a consensus rating of “Sell”.

mF International Stock Performance

The company’s 50 day moving average is $8.99 and its 200 day moving average is $9.45.

mF International (NASDAQ:MFI) last issued its quarterly earnings results on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share (EPS) for the quarter. The company had revenue of $0.76 million during the quarter. Analysts predict that mF International Limited will post -0.07 earnings per share for the current fiscal year.

About mF International

mF International Limited is a financial services company that operates through subsidiaries in Hong Kong. The company provides services to corporate and individual clients in the investment and securities markets.

Its business activities include securities dealing and brokerage, corporate finance advisory, asset management, and investment advisory services. The company’s offerings are designed to support clients with investment transactions, capital-raising activities, and portfolio management.

mF International Limited is incorporated in the Cayman Islands and conducts its principal business activities in Hong Kong.