In yesterday’s Wall Street session, Missfresh Limited (NASDAQ:MF) shares traded at $2.14, up 11.60% from the previous session.
1 analysts cover Missfresh Limited (NASDAQ:MF), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $26.66 and a low of $26.66, we find $26.66. Given the previous closing price of $1.92, this indicates a potential upside of 1288.54 percent. MF stock price is now 18.91% away from the 50-day moving average and -72.60% away from the 200-day moving average. The market capitalization of the company currently stands at $15.11M.
The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $26.66 as their price target over the next twelve months.
With the price target of $7.08, Citigroup recently initiated with Buy rating for Missfresh Limited (NASDAQ: MF). On November 19, 2021, JP Morgan recently initiated its ‘Overweight’ rating on the stock quoting a target price of $5.70.
A total of 0.73% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in MF stock. A new stake in Missfresh Limited shares was purchased by SUSQUEHANNA INTERNATIONAL GROUP, LLP during the first quarter worth $7,000. HRT FINANCIAL LP invested $1,000 in shares of MF during the first quarter. In total, there are 13 active investors with 0.40% ownership of the company’s stock.
On Friday morning Missfresh Limited (NASDAQ: MF) stock kicked off with the opening price of $1.9000. During the past 12 months, Missfresh Limited has had a low of $1.26 and a high of $139.95. The fifty day moving average price for MF is $1.8110 and a two-hundred day moving average price translates $7.6097 for the stock.
The latest earnings results from Missfresh Limited (NASDAQ: MF) was released for Sep, 2021. The net profit margin was -60.00% and return on equity was 205.20% for MF. For the current quarter, analysts expect MF to generate $296.67M in revenue.
Missfresh Limited(MF) Company Profile
Missfresh Limited operates as an online-and-offline integrated on-demand retail company in China. It. It operates a community retail digital platform that offers fresh produce, such as fruits, vegetables, meat, eggs, aquatic products, and dairy products; and fast-moving consumer goods, including snack foods, light food, cereals, oil, wine, drink, fast food, light food through online e-commerce platform and distributed mini warehouse networks. The company also sells its products through vending machines. The company was founded in 2014 and is based in Beijing, the People’s Republic of China.