mF International (NASDAQ:MFI) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of mF International Limited (NASDAQ:MFI) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.08 and traded as low as $10.71. mF International shares last traded at $10.98, with a volume of 8,163 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of mF International in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

mF International Trading Down 2.5%

The stock has a fifty day simple moving average of $11.82 and a two-hundred day simple moving average of $18.08.

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.