MMTec, Inc. (NASDAQ:MTC – Get Free Report)’s stock price rose 60.7% on Wednesday . The company traded as high as $3.70 and last traded at $3.60. Approximately 9,295,962 shares changed hands during trading, an increase of 536% from the average daily volume of 1,462,426 shares. The stock had previously closed at $2.24.
MMTec Trading Up 60.7 %
The stock’s 50-day moving average is $1.80 and its two-hundred day moving average is $1.48.
MMTec Company Profile
MMTec, Inc, together with its subsidiaries, develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements worldwide. The company operates in two segments, Gujia and MM Global. It offers Internet-based securities solutions comprising Securities Dealers Trading System, which supports securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web applications.
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