MoneyHero (NASDAQ:MNY) Given Sell (D-) Rating at Weiss Ratings

Key Points

• MoneyHero (NASDAQ:MNY) has been given a "sell (D-)" rating by Weiss Ratings, signaling a bearish outlook from some analysts.
• Despite Weiss' negative rating, Greenridge Global upgraded MoneyHero to a "strong-buy" with a target price of $4.00, indicating mixed views among analysts.
• The stock opened at $1.37 and has a market cap of approximately $57.42 million, with a 12-month trading range between $0.55 and $2.40.

MoneyHero (NASDAQ:MNY - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Other equities analysts also recently issued reports about the company. Greenridge Global upgraded MoneyHero to a "strong-buy" rating and set a $4.00 target price for the company in a research note on Monday, July 7th. Wall Street Zen raised shares of MoneyHero from a "hold" rating to a "buy" rating in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $4.00.

MoneyHero Stock Performance

MoneyHero stock opened at $1.37 on Wednesday. The company has a market cap of $57.42 million, a PE ratio of -2.74 and a beta of 1.24. MoneyHero has a 12 month low of $0.55 and a 12 month high of $2.40. The company has a fifty day moving average price of $1.75 and a two-hundred day moving average price of $1.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.19 and a quick ratio of 2.19.

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.

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