MoneyHero (NASDAQ:MNY) Stock Rating Upgraded by Wall Street Zen

Key Points

• MoneyHero's stock rating has been upgraded from a "hold" to a "buy" by Wall Street Zen, indicating increased confidence among analysts.
• Greenridge Global has also given MoneyHero a "strong-buy" rating with a price target set at $4.00, reflecting optimistic market expectations.
• Currently, MoneyHero shares are priced at $1.50, with a 1-year high of $2.40 indicating significant potential for growth.

MoneyHero (NASDAQ:MNY - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Friday.

Separately, Greenridge Global raised MoneyHero to a "strong-buy" rating and set a $4.00 price target for the company in a report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has an average rating of "Strong Buy" and an average target price of $4.00.

MoneyHero Price Performance

Shares of NASDAQ MNY opened at $1.50 on Friday. MoneyHero has a 1-year low of $0.55 and a 1-year high of $2.40. The business has a 50-day moving average of $1.83 and a 200-day moving average of $1.16. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.19 and a quick ratio of 2.37. The company has a market capitalization of $62.87 million, a price-to-earnings ratio of -3.00 and a beta of 1.30.

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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