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How to Buy Mercurity Fintech Holding Stock

Mercurity Fintech Holding Inc

Mercurity Fintech Holding Inc. engages in the design, development, creation, testing, installation, configuration, integration, and customization of operational software based on blockchain technologies and related services in the British Virgin Islands and the Asia pacific region.

Mercurity Fintech Holding stock last closed at $2.08, down 5.42% from the previous day, and has decreased 9.74% in one year. It has underperformed other stocks in the Capital Markets industry by 0.34 percentage points. Mercurity Fintech Holding stock is currently +169.61% from its 52-week low of $0.77, and -40.69% from its 52-week high of $3.50.

As of Jul 18, 2024, there are 60.82M MFH shares outstanding. The market cap of MFH is $126.26M. In the past 24 hours, 133,240 MFH shares were traded.

How to Buy Mercurity Fintech Holding Stock

Wondering how to invest in Mercurity Fintech Holding stock? Here's how.
  1. Choose where to buy Mercurity Fintech Holding stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Mercurity Fintech Holding stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. Analyze Mercurity Fintech Holding stock: The Mercurity Fintech Holding ticker symbol is MFH. Is Mercurity Fintech Holding stock a good investment? Should you buy shares of MFH? How do MFH's underlying business fundamentals look? Do top analysts think Mercurity Fintech Holding is a good buy? Why has MFH's stock price moved recently? (Hint: Our stock research tools can help you decide if MFH is a good stock to buy).
  5. Make your MFH trade: Decide if you will purchase MFH shares at the current market price or use a limit order to buy MFH stock at a specific price.
  6. Keep tabs on your investment in MFH: Create a watchlist to the latest updates on your new investment in Mercurity Fintech Holding stock.

Step 1: Choose where to buy Mercurity Fintech Holding stock

You will need an online brokerage account in order to access the NASDAQ market and buy MFH shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to buy MFH stock today.

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Step 3: Put funds into your investment account

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Step 4: Analyze Mercurity Fintech Holding stock

Once you have chosen the best place to buy Mercurity Fintech Holding stock, it's critical to research their stock before you buy, so you can understand the risk and upside.

Mercurity Fintech Holding quick stats

MFH Price
$2.08
1w %
18.63%
1y %
-9.74%
5y %
-27.59%
P/E
-10.38x
P/B
7.08x
P/S
207.6x
PEG
N/A
Revenue
$445.93k
Earnings
-$9.36M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$126.26M
Next Earnings
N/A
Next Dividend
N/A

MFH Fundamentals

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on MFH's stock page.

Is MFH stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge MFH's intrinsic value.

Using relative valuations ratios:

  • MFH could be overvalued based on its P/B ratio of 7.08x, relative to Capital Markets industry P/B ratio of 1.92x

You can do more valuation analysis on MFH's stock here.

MFH Financial Health Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the MFH balance sheet.
  • MFH has $18.44M in cash and short term investments. This is sufficient to cover its annual cash burn of $5.79M.
  • MFH has cash burn of 5793223. It has enough cash and short-term investments to cover this for at least one year.
  • Total MFH debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the MFH balance sheet.

Negative Health Checks:

  • MFH has a relatively high debt to equity ratio of 0.7.
  • MFH profit margin has gone down from -652.6% to -2,098.4% in the past year.

MFH Technicals

SMA10
1.88
SMA20
1.79
SMA50
1.64
SMA100
1.68
SMA200
1.71
MACD
0.12
MACD Signal
0.09
MACD Histogram
0.03
RSI
60.83
Stochastic %K
90.54
Stochastic %D
87.56
StochRSI %K
75.59
StochRSI %D
71.4

MFH Performance Metrics

Last year, MFH revenue was $445.93k. Over the past four year, MFH's revenue has grown by -28.83% per year. This was slower than the Capital Markets industry average of 16.2%.

You can analyze MFH's earnings and revenue performance here.

Are MFH executives and large shareholders buying or selling the stock?

In the last year, insiders at MFH have not bought or sold any shares.

Dig into more about who owns MFH stock here.

Does MFH provide a stable income stream?

No, Mercurity Fintech Holding doesn't provide an income stream by paying out dividends.

MFH Social Trading Data

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Step 5: Make your MFH trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, use a limit order.

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Step 6: Keep tabs on your investment in MFH

Now that you own some MFH stock, you'll want to keep up with your new stock purchase.

Add MFH to a watchlist to track your MFH stock.

MFH Feed

How to Buy Stock in Mercurity Fintech Holding

To summarize, here are the 6 steps you need to take to buy Mercurity Fintech Holding stock right now:

  1. Choose where to buy Mercurity Fintech Holding stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Analyze Mercurity Fintech Holding stock
  5. Make your MFH trade
  6. Keep tabs on your investment in MFH

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If you want to keep an eye on your investment in Mercurity Fintech Holding, click below.

NASDAQ: MFH
$2.08-0.12 (-5.42%)
Updated Jul 18, 2024
Open eToro Account
NASDAQ: MFH
$2.08-0.12 (-5.42%)
Updated Jul 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mercurity Fintech Holding share?

As of Jul 18, 2024, it costs $2.08 to buy one share of Mercurity Fintech Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.482 shares of MFH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Mercurity Fintech Holding stock?

One way to place an order for Mercurity Fintech Holding stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.