MoneyHero (NASDAQ:MNY) Stock Price Down 2.3%

MoneyHero Limited (NASDAQ:MNY) dropped 2.3% on Tuesday . The stock traded as low as $1.24 and last traded at $1.25. Approximately 51,812 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 686,369 shares. The stock had previously closed at $1.28.

MoneyHero Price Performance

The stock has a market capitalization of $48.17 million, a price-to-earnings ratio of -0.26 and a beta of 1.31. The stock has a 50 day moving average price of $1.68 and a 200-day moving average price of $1.87.

MoneyHero (NASDAQ:MNY) last announced its quarterly earnings data on Monday, June 24th. The company reported ($0.30) earnings per share for the quarter. The business had revenue of $22.18 million during the quarter. As a group, research analysts forecast that MoneyHero Limited will post -0.07 earnings per share for the current year.

Institutional Trading of MoneyHero

An institutional investor recently bought a new position in MoneyHero stock. Cantor Fitzgerald L. P. bought a new position in shares of MoneyHero Limited (NASDAQ:MNY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 62,549 shares of the company’s stock, valued at approximately $108,000. Cantor Fitzgerald L. P. owned about 0.21% of MoneyHero at the end of the most recent reporting period. Institutional investors own 30.86% of the company’s stock.

About MoneyHero

MoneyHero Limited operates as a personal finance company. It engages in operation of online financial comparison platforms and related services. The company offers its products under Money Hero, SingSaver, Money101, MoneyMax, CompareHero, Seedly, and Creatory brands. MoneyHero Limited operates in Singapore, Hong Kong, Taiwan, the Philippines, Malaysia, and Thailand.