The stock of Missfresh Limited (NASDAQ:MF) last traded at $1.70, up 9.68% from the previous session.
Data from the available sources indicates that Missfresh Limited (NASDAQ:MF) is covered by 1 analysts. 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 $1.55, this indicates a potential upside of 1620.0 percent. MF stock price is now 159.38% away from the 50-day moving average and 30.76% away from the 200-day moving average. The market capitalization of the company currently stands at $13.35M.
In total, 0 analysts have assigned it 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 $40,000. UBS GROUP AG invested $6,000 in shares of MF during the first quarter. In the first quarter, RHUMBLINE ADVISERS acquired a new stake in Missfresh Limited valued at approximately $1,000. In total, there are 5 active investors with 3.61% ownership of the company’s stock.
With an opening price of $1.8000 on Thursday morning, Missfresh Limited (NASDAQ: MF) set off the trading day. During the past 12 months, Missfresh Limited has had a low of $0.41 and a high of $6.30. The fifty day moving average price for MF is $0.6781 and a two-hundred day moving average price translates $1.2960 for the stock.
The latest earnings results from Missfresh Limited (NASDAQ: MF) was released for Dec, 2022. For the current quarter, analysts expect MF to generate $263.23M in revenue.
Missfresh Limited(MF) Company Profile
Missfresh Limited engages in the digital marketing solutions and private label products retail business in China. The company operates a 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.
