mF International (NASDAQ:MFI) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

mF International Limited (NASDAQ:MFI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.89 and traded as low as $9.44. mF International shares last traded at $9.48, with a volume of 78,106 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded mF International from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, July 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

mF International Stock Down 1.8%

The business has a 50 day moving average of $8.63 and a 200 day moving average of $9.84.

mF International (NASDAQ:MFI) last issued its quarterly earnings data on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share (EPS) for the quarter. The business had revenue of $0.76 million for the quarter.

mF International Company Profile

MicroFinancial Incorporated (MicroFinancial) operates through its wholly-owned subsidiaries, TimePayment Corp. (TimePayment) and Leasecomm Corporation (Leasecomm). TimePayment is a specialized commercial/consumer finance company that leases and rents equipment, and provides other financing services, with a focus on the microticket market. TimePayment finances a variety of products, including water filtration systems, food service equipment, security equipment, point of sale (POS) cash registers, salon equipment, copiers, health care and fitness equipment, and automotive repair equipment.