MMTec Regains Nasdaq Compliance on Bid Price Rule

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MMTec Regains Nasdaq Compliance on Bid Price Rule

The latest update is out from MMTec ( (MTC) ).

MMTec, Inc. has successfully regained compliance with the Nasdaq minimum bid price requirement after previously receiving a deficiency letter from Nasdaq’s Listing Qualifications Department. The company’s stock price met the minimum requirement of $1.00 per share for ten consecutive business days, leading to the closure of the compliance issue, which helps stabilize MMTec’s market position and reassures investors.

More about MMTec

YTD Price Performance: 7.14%

Average Trading Volume: 435,021

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $44.81M

See more data about MTC stock on TipRanks’ Stock Analysis page.

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