Stocks of Missfresh Limited (NASDAQ:MF) traded higher last session on Wall Street, up 11.21% to $0.51.
According to the data, Missfresh Limited (NASDAQ:MF) has 1 analysts covering its stock. 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 $0.46, this indicates a potential upside of 5695.65 percent. MF stock price is now -5.11% away from the 50-day moving average and -60.34% away from the 200-day moving average. The market capitalization of the company currently stands at $3.95M.
A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. 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).
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 VIRTU FINANCIAL LLC during the first quarter worth $12,000. UBS GROUP AG invested $2,000 in shares of MF during the first quarter. In total, there are 5 active investors with 3.61% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $0.5040 for Missfresh Limited (NASDAQ: MF). During the past 12 months, Missfresh Limited has had a low of $0.41 and a high of $7.28. The fifty day moving average price for MF is $0.5397 and a two-hundred day moving average price translates $1.2918 for the stock.
The latest earnings results from Missfresh Limited (NASDAQ: MF) was released for Jun, 2022. For the current quarter, analysts expect MF to generate $263.23M in revenue.
Missfresh Limited(MF) Company Profile
Missfresh Limited engages in the integrated online and offline on-demand DMW retail business in China. The company operates a community retail digital platform that offers fresh produce, such as fruits, vegetables, meat, eggs, seafood, and dairy products, as well as fast-moving consumer goods, including packaged food, beverages, cosmetics, and personal care products through online ecommerce platform and distributed micro-warehouse networks. It also sells its products through vending machines. The company was founded in 2014 and is based in Beijing, the People’s Republic of China.
