MMTec, Inc. (NASDAQ:MTC – Get Free Report) fell 14.1% on Thursday . The company traded as low as $0.85 and last traded at $0.85. 51,299 shares were traded during mid-day trading, a decline of 89% from the average session volume of 481,739 shares. The stock had previously closed at $0.99.
MMTec Stock Performance
The company’s 50-day moving average price is $1.26 and its two-hundred day moving average price is $2.01.
MMTec Company Profile
MMTec, Inc, together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications.
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