Mercurity Fintech (MFH) Stock Surges Amid Market Movement

Dec 13, 2024

Mercurity Fintech (MFH, Financial) experienced a notable stock price increase of 6.02%, reaching $6.87 per share with a trading volume of 25,850 shares. The company's recent financial report showed revenue of $517,177, a net loss of $3.83 million, and a negative earnings per share of $0.08. The stock's P/E ratio stands at -11,250. Currently, there are no institutional ratings for buying, holding, or selling.

In the broader capital markets sector, the overall decline was 0.89%. Within this sector, stocks like Riot Platforms, Inc. and Abits Group Inc showed significant gains, while Atif Holdings and Cleanspark, Inc. were notably active.

Mercurity Fintech specializes in blockchain-supported digital financial services, including digital asset trading and cross-border remittances, and is expanding into Bitcoin mining and digital currency investment.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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