mF International (NASDAQ:MFI) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

mF International Limited (NASDAQ:MFIGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.05 and traded as low as $8.75. mF International shares last traded at $8.75, with a volume of 8,839 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded mF International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Report on mF International

mF International Stock Performance

The business’s 50-day moving average is $9.17 and its two-hundred day moving average is $12.05.

About mF International

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MicroFinancial Incorporated (MicroFinancial) operates through its wholly-owned subsidiaries, TimePayment Corp. (TimePayment) and Leasecomm Corporation (Leasecomm). TimePayment is a specialized commercial/consumer finance company that leases and rents equipment, and provides other financing services, with a focus on the microticket market. TimePayment finances a variety of products, including water filtration systems, food service equipment, security equipment, point of sale (POS) cash registers, salon equipment, copiers, health care and fitness equipment, and automotive repair equipment.

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