MoneyHero (NASDAQ:MNY) Stock Price Up 0.6%

Shares of MoneyHero Limited (NASDAQ:MNY) shot up 0.6% during trading on Wednesday . The stock traded as high as $1.86 and last traded at $1.80. 34,234 shares changed hands during trading, a decline of 96% from the average session volume of 823,951 shares. The stock had previously closed at $1.79.

MoneyHero Stock Performance

The stock has a market capitalization of $70.88 million, a price-to-earnings ratio of -0.39 and a beta of 1.31. The firm’s fifty day simple moving average is $2.01 and its 200 day simple moving average is $1.84.

MoneyHero (NASDAQ:MNY) last issued its quarterly earnings results on Monday, April 29th. The company reported ($2.80) earnings per share for the quarter. The firm had revenue of $26.40 million for the quarter. Analysts forecast that MoneyHero Limited will post -0.07 earnings per share for the current year.

Hedge Funds Weigh In On MoneyHero

Hedge funds have recently made changes to their positions in the business. Deltec Asset Management LLC bought a new position in shares of MoneyHero in the fourth quarter valued at $45,000. Cantor Fitzgerald L. P. bought a new position in shares of MoneyHero in the fourth quarter valued at $108,000. Finally, Orland Properties Ltd bought a new position in shares of MoneyHero in the fourth quarter valued at $119,000. 30.86% of the stock is owned by institutional investors.

MoneyHero Company Profile

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.