Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of -$0.04 during the last quarter as opposed to a consensus estimate of -$0.16, which indicates the company beat its estimate by $0.12, which implies that the company surprised the market by 75.00%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is -$0.05. This is an average of 1 analysts’ earnings, where the high earnings per share estimate is -$0.05 and the low earnings per share estimate is -$0.05. According to 1 analyst estimates, an average revenue estimate of $3.43M is projected for the current quarter with a high revenue estimate of $3.43M and a low estimate of $3.43M.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
The latest trade, Performances and Moving Averages give us the following Picture
The share price of MICT Inc. (NASDAQ:MICT) dipped -6.70% to close Wednesday’s market session at $1.81, lower as compared to yesterday’s close. The stock price fluctuated between $1.81 and $1.951 throughout the trading session with the volume trading being 2651951 shares, which represented a significant variation when compared to the three months average volume of 7.71 million shares. The firm’s stock price fluctuated -12.98% within the last five trades and 4.62% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -47.99% in the last 6 months and -18.83% was subtracted to its value over the previous 3 months. MICT stock is trading at a margin of -15.06%, -20.19% and -32.55% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, MICT deals in the Technology domain. The stock is trading -78.58 percent below its 52-week high and 135.06 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 96.3. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does MICT Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $206.54 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 10.65. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 688.46 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.91, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 2.40 percent of MICT Inc. shares are owned by insiders, and 7.70 percent are held by financial institutions. Bialos Jeffrey P., the Director at MICT Inc. (MICT) has sold 13,000 shares of firm on Aug 28 at a price of $4.94 against the total amount of $64181.0. In another inside trade, Bialos Jeffrey P., Director of MICT Inc. (NASDAQ:MICT) sold 7,000 shares of the firm on Aug 27 for a total worth of $35544.0 at a price of $5.08. An inside trade which took place on Aug 26, Director of MICT Inc. Bialos Jeffrey P. sold 17,424 shares of firm against total price of $84315.0 at the cost of $4.84 per share.