How Far Will It Go? MICT Inc (NASDAQ:MICT)

MICT Inc (NASDAQ: MICT) is gaining momentum on high volume on Tuesday.

Market Action

As of 11:22, MICT is moving higher by 11.76% to $1.59. More than 2.49 million shares have traded hands, compared to its 30-day average volume of 6.16 million shares. The stock opened at $1.49 and moved in a range of $1.4800 – 1.6600.

MICT Issues News

MICT’s filing of a registration statement today relates to registration of a portion of restricted shares previously issued, as well as the registration of a new shelf registration statement, and does not reflect a new issuance of stock

  • The Company wishes to note that the filing is for dual purposes as follows: (i) registering a portion of the restricted shares it has already issued; and
  • (ii) registering a new shelf registration statement to enable it to take advantage of potential growth opportunities in the future. Today’s filing does not have any effect on the Company’s number of shares presently issued and outstanding.

Trader Notes

Share Information

SHARE FLOAT (%)80.61 M (70.60%)

Recent Stock Performance

5-DAY PERF.+3.93%
1-MONTH PERF.-0.62%
3-MONTH PERF.-41.54%
6-MONTH PERF.+2.59%
YTD PERF.-23.55%
1-YEAR PERF.+34.75%

Moving Averages

+/- EMA(20)1.59 (+0.00%)
+/- SMA(50)1.84 (-13.59%)
+/- SMA(200)2.60 (-38.85%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20-108.7631SellChaikin Money Flow0.0991Buy
MACD-0.1479SellMoney Flow Index28.4066Sell
STOCH (14,3)37.7430NeutralSTOCH RSI0.8904OverBought
UO48.0476SellWilliams %R-62.2570Neutral

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