mF International (NASDAQ:MFI) Shares Up 8.4% – Here’s Why

mF International Limited (NASDAQ:MFI) was up 8.4% during trading on Wednesday. The company traded as high as $6.35 and last traded at $6.20. Approximately 911 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 2,690 shares. The stock had previously closed at $5.72.

Analyst Ratings Changes

Separately, Weiss Ratings lowered mF International from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

mF International Stock Up 8.4%

The company’s fifty day moving average price is $8.46 and its two-hundred day moving average price is $9.97.

mF International (NASDAQ:MFI) last announced its earnings results on Thursday, September 10th. The financial services provider reported ($2.71) earnings per share for the quarter. The company had revenue of $0.76 million for the quarter. Sell-side analysts expect that mF International Limited will post -0.07 EPS for the current fiscal year.

About mF International

mF International Limited is a financial technology company that provides trading software and related services to financial institutions and professional traders. Its offerings include online trading platforms and supporting tools designed to help clients operate and manage trading businesses. The company is associated with the m-FINANCE brand and is based in Hong Kong. Its business focuses on financial trading technology, including platform solutions for markets such as foreign exchange and contracts for difference.