Nft Limited Stock Today

MI Stock   4.41  0.16  3.50%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 60

 
High
 
Low
Above Average
NFT is trading at 4.41 as of the 26th of July 2024. This is a 3.5 percent decrease since the beginning of the trading day. The stock's open price was 4.57. NFT has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for NFT Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 26th of July 2024. Click here to learn more.
IPO Date
18th of September 2023
Category
Consumer Cyclical
NFT is entity of United States. It is traded as Stock on NYSE MKT exchange. The company has 1.4 M outstanding shares of which 4.66 K shares are now sold short in the market by investors with about 0.42 days to cover all shorted shares. More on NFT Limited

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NFT Stock Highlights

CEO BoardKuangtao Wang
Thematic IdeaBanking (View all Themes)
Business ConcentrationBanking, Internet Retail, Consumer Cyclical, Banking, Consumer Cyclical (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt3.6 M4.3 M
Fairly Down
Slightly volatile
Total Current Liabilities13 M12.9 M
Fairly Up
Slightly volatile
Total Assets46.2 M73.7 M
Way Down
Slightly volatile
Total Current Assets43.3 M73.7 M
Way Down
Slightly volatile
NFT Limited (MI) is traded on NYSE MKT Exchange in USA. It is located in Haribest Industrial Building, Sha Tin, Hong Kong and employs 27 people. NFT is listed under Banking category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 13.94 M. NFT Limited is active under Consumer Cyclical sector as part of Banking industry. The entity has 1.4 M outstanding shares of which 4.66 K shares are now sold short in the market by investors with about 0.42 days to cover all shorted shares. NFT Limited reports about 600.97 M in cash with (316.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.11.
Check NFT Probability Of Bankruptcy
Ownership Allocation
NFT Limited holds noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
Check NFT Ownership Details

NFT Historical Income Statement

As of now, NFT's Net Income is decreasing as compared to previous years. View More Fundamentals

NFT Stock Against Markets

Additional Information and Resources on Investing in NFT Stock

When determining whether NFT Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NFT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nft Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nft Limited Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Banking space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NFT. If investors know NFT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(130.50)
Revenue Per Share
3.291
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NFT's market value can be influenced by many factors that don't directly affect NFT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NFT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.