Mercurity Fintech (NASDAQ:MFH) Shares Down 9.5% – What’s Next?

Mercurity Fintech Holding Inc. Sponsored ADR (NASDAQ:MFH – Get Free Report) shares dropped 9.5% during trading on Thursday. The stock traded as low as $6.59 and last traded at $7.6650. Approximately 412,569 shares changed hands during trading, a decline of 19% from the average session volume of 509,724 shares. The stock had previously closed at $8.47.

Mercurity Fintech Stock Up 6.8%

The stock has a 50 day moving average price of $5.08 and a two-hundred day moving average price of $5.03.

About Mercurity Fintech

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Mercurity Fintech Holding Inc is a financial technology company focused on applying blockchain and digital-asset technologies to financial services. The company develops and operates technology intended to support digital transactions, payments and other financial activities within the emerging digital economy.

Its activities have included blockchain-based financial infrastructure and services designed to improve the efficiency, transparency and accessibility of cross-border transactions.

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