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Mercurity Fintech (NASDAQ:MFH) Trading Up 1%

Defense World ·  Sep 16, 2022 01:31

Mercurity Fintech Holding Inc. (NASDAQ:MFH – Get Rating)'s stock price was up 1% during trading on Thursday . The company traded as high as $0.82 and last traded at $0.82. Approximately 2,173 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 195,489 shares. The stock had previously closed at $0.81.

Mercurity Fintech Stock Performance

The company's 50 day moving average is $0.83 and its 200-day moving average is $1.36.

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Institutional Inflows and Outflows

An institutional investor recently bought a new position in Mercurity Fintech stock. Envestnet Asset Management Inc. bought a new stake in Mercurity Fintech Holding Inc. (NASDAQ:MFH – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,859 shares of the company's stock, valued at approximately $63,000. Envestnet Asset Management Inc. owned about 0.21% of Mercurity Fintech at the end of the most recent reporting period. Institutional investors own 2.12% of the company's stock.

Mercurity Fintech Company Profile

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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. It provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders, blockchain-based virtual communities, and liquidity providers.; an asset digitalization platform, which provides blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.

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