NASDAQ:MICT MICT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MICT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.55 -0.02 (-3.51%) (As of 07/5/2022 10:38 AM ET) Add Compare Share Today's Range$0.55▼$0.5550-Day Range$0.43▼$0.7452-Week Range$0.41▼$2.37Volume5,900 shsAverage Volume447,647 shsMarket Capitalization$71.26 millionP/E RatioN/ADividend YieldN/APrice Target$4.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media MICT MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside645.6% Upside$4.25 Price TargetShort InterestHealthy2.65% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.53 out of 5 starsComputer And Technology Sector550th out of 936 stocksElectronic Components & Accessories Industry6th out of 11 stocks 3.5 Analyst's Opinion Consensus RatingMICT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.25, MICT has a forecasted upside of 645.6% from its current price of $0.57.Amount of Analyst CoverageMICT has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.65% of the outstanding shares of MICT have been sold short.Short Interest Ratio / Days to CoverMICT has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MICT has recently decreased by 22.52%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMICT does not currently pay a dividend.Dividend GrowthMICT does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MICT. Previous Next 1.8 News and Social Media Coverage News SentimentMICT has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for MICT this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for MICT on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added MICT to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MICT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.64% of the stock of MICT is held by insiders.Percentage Held by InstitutionsOnly 15.13% of the stock of MICT is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MICT is -1.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MICT is -1.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMICT has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MICT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MICT and its competitors with MarketBeat's FREE daily newsletter. Email Address About MICT (NASDAQ:MICT) StockMICT, Inc., through its subsidiaries, engages in the financial technology and insurance business in China, Singapore, and Hong Kong. It primarily develops platforms for insurance products, and financial products and services. The company also deals in securities, futures, and options; and provides securities advisory and asset management services, as well as the Magpie Invest app that allows to trade in securities on various stock exchanges. In addition, it conducts insurance brokerage and agency businesses; and offers a range of insurance products, including, automobile, property and liability, life, and health insurance products. The company was formerly known as Micronet Enertec Technologies, Inc. and changed its name to MICT, Inc. in July 2018. MICT, Inc. was incorporated in 2002 and is based in Montvale, New Jersey.Read More MICT Stock News HeadlinesJuly 1, 2022 | americanbankingnews.comMICT (NASDAQ:MICT) Stock Price Crosses Below Two Hundred Day Moving Average of $0.68June 18, 2022 | benzinga.comLifshitz Law PLLC Announces Investigation of CVET, BKI and MICT - Benzinga - BenzingaJuly 5, 2022 | Investing Daily (Ad)Former Lawyer Went From $50K To $5.3M Trading OptionsSlaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M June 17, 2022 | globenewswire.comMICT, Inc. Reports Fourth Quarter and Full Year 2021 Results with $55M Annual Revenues - GlobeNewswireJune 17, 2022 | finance.yahoo.comMICT to Announce Full Year 2021 Results After Close of Market on June 17, 2022June 17, 2022 | finance.yahoo.comMICT, Inc. Reports Fourth Quarter and Full Year 2021 Results with $55M Annual RevenuesJune 16, 2022 | benzinga.comINVESTIGATION ALERT: Halper Sadeh LLP Investigates TMX, BKI, MICT, HR - Benzinga - BenzingaJune 16, 2022 | globenewswire.comMICT Receives In-Principal Approval of Capital Markets Services License from the Monetary Authority of Singapore - GlobeNewswireJuly 5, 2022 | Investing Daily (Ad)Former Lawyer Went From $50K To $5.3M Trading OptionsSlaving away for 70 hrs a week as a lawyer in Chicago, I was miserable. I ran into guys who worked the trading floor at the local exchange. I began trading the same way they did. I started out with $50K (much more than I needed, actually). I grew my $50K into $5.3M June 16, 2022 | finance.yahoo.comMICT Scheduled to File Year End 2021 Financial Results Ahead of Close of Business Friday, June 17, 2022 - Yahoo FinanceJune 15, 2022 | globenewswire.comMICT and Tingo Complete Due Diligence Process Leading to Progression of Merger - GlobeNewswireJune 15, 2022 | barrons.comRwanda Genocide Survivors Hail UN Decision To Put Kabuga On Trial - Barron'sJune 15, 2022 | finance.yahoo.comMICT and Tingo Complete Due Diligence Process Leading to Progression of Merger - Yahoo FinanceJune 15, 2022 | finance.yahoo.comMICT and Tingo Complete Due Diligence Process Leading to Progression of MergerJune 14, 2022 | globenewswire.comMICT Scheduled to File Year End 2021 Financial Results Ahead of Close of Business Friday, June 17, 2022 - GlobeNewswireJune 14, 2022 | finance.yahoo.comMICT Scheduled to File Year End 2021 Financial Results Ahead of Close of Business Friday, June 17, 2022May 30, 2022 | pymnts.comIndia to Study How Crypto May Impact Its Economy - PYMNTS.comMay 30, 2022 | pymnts.comB2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa - PYMNTS.comMay 25, 2022 | benzinga.comSHAREHOLDER NOTICE: Halper Sadeh LLP Investigates BHVN, SWCH, MICT - Benzinga - BenzingaMay 25, 2022 | globenewswire.comSHAREHOLDER NOTICE: Halper Sadeh LLP Investigates BHVN, SWCH, MICT - GlobeNewswireMay 24, 2022 | globenewswire.comLifshitz Law PLLC Announces Investigation of CLBS, GTYH, MICT and TREC - GlobeNewswireMay 24, 2022 | streetinsider.comMICT (MICT) Receives Nasdaq Non-Compliance Notice - StreetInsider.comMay 24, 2022 | finance.yahoo.comMICT Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) regarding its Inability to File its Form 10-Q Due to the Impact of Strict COVID-19 Lockdown Restrictions in China on the completion of its Audit)May 21, 2022 | benzinga.comLifshitz Law PLLC Announces Investigation of CLBS, GTYH, MICT and TREC - Benzinga - BenzingaMay 18, 2022 | streetinsider.comMICT's Merger Target Announces its Q1 2022 Results - StreetInsider.comMay 17, 2022 | benzinga.comMICT INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of MICT, Inc. - MICT - BenzingaMay 17, 2022 | streetinsider.comForm 8-K MICT, Inc. For: May 10 - StreetInsider.comSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic components & accessories Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MICT CUSIPN/A CIK854800 Webwww.mict-inc.com Phone(201) 225-0190FaxN/AEmployees5Year FoundedN/ACompany Calendar Last Earnings11/15/2021Today7/05/2022Next Earnings (Estimated)8/15/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$4.25 High Stock Price Forecast$4.25 Low Stock Price Forecast$4.25 Forecasted Upside/Downside+672.7%Consensus RatingBuy Rating Score (0-4)3 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-36,430,000.00 Net Margins-65.43% Pretax Margin-69.96% Return on Equity-21.59% Return on Assets-18.64% Debt Debt-to-Equity RatioN/A Current Ratio5.02 Quick Ratio5.02 Sales & Book Value Annual Sales$55.68 million Price / Sales1.28 Cash FlowN/A Price / Cash FlowN/A Book Value$1.21 per share Price / Book0.45Miscellaneous Outstanding Shares129,570,000Free Float127,441,000Market Cap$71.26 million OptionableNot Optionable Beta1.08 MICT Frequently Asked Questions Should I buy or sell MICT stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MICT in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MICT stock. View analyst ratings for MICT or view top-rated stocks. What is MICT's stock price forecast for 2022? 1 Wall Street research analysts have issued 12-month price targets for MICT's shares. Their MICT stock forecasts range from $4.25 to $4.25. On average, they expect MICT's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 672.7% from the stock's current price. View analysts' price targets for MICT or view top-rated stocks among Wall Street analysts. How has MICT's stock performed in 2022? MICT's stock was trading at $0.83 at the beginning of the year. Since then, MICT stock has decreased by 33.7% and is now trading at $0.55. View the best growth stocks for 2022 here. When is MICT's next earnings date? MICT is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for MICT. How were MICT's earnings last quarter? MICT, Inc. (NASDAQ:MICT) issued its earnings results on Monday, November, 15th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. The firm earned $18.52 million during the quarter. MICT had a negative net margin of 65.43% and a negative trailing twelve-month return on equity of 21.59%. View MICT's earnings history. Who are MICT's key executives? MICT's management team includes the following people: Mr. Darren Mercer, CEO, Pres & Director (Age 57, Pay $1.68M) (LinkedIn Profile)Mr. Hao Chen, Chief Financial Officer (Age 40, Pay $141k)Ms. Shamian Moran-Rachel Amran, Controller (Age 42, Pay $365.89k)Mr. Richard Abrahams, MD & Global Head of Brokerage and CEO of Stock Trading & Wealth Management Bus. Who are some of MICT's key competitors? Some companies that are related to MICT include KULR Technology Group (KULR), Tel-Instrument Electronics (TIKK), Cemtrex (CETX), Video Display (VIDE), Electronic Systems Technology (ELST), ACS Motion Control (ACSEF), Diguang International Development (DGNG), Enova Systems (ENVS) and Viewtran Group (VIEWF). View all of MICT's competitors. What other stocks do shareholders of MICT own? Based on aggregate information from My MarketBeat watchlists, some companies that other MICT investors own include CEL-SCI (CVM), Pfizer (PFE), Actinium Pharmaceuticals (ATNM), Nokia Oyj (NOK), Onconova Therapeutics (ONTX), Ampio Pharmaceuticals (AMPE), (APHA), Big 5 Sporting Goods (BGFV), Conformis (CFMS) and Matinas BioPharma (MTNB). What is MICT's stock symbol? MICT trades on the NASDAQ under the ticker symbol "MICT." How do I buy shares of MICT? Shares of MICT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is MICT's stock price today? One share of MICT stock can currently be purchased for approximately $0.55. How much money does MICT make? MICT (NASDAQ:MICT) has a market capitalization of $71.26 million and generates $55.68 million in revenue each year. The company earns $-36,430,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. How many employees does MICT have? MICT employs 5 workers across the globe. How can I contact MICT? MICT's mailing address is 28 West Grand Avenue Suite 3, Montvale NJ, 07645. The official website for MICT is www.mict-inc.com. The company can be reached via phone at (201) 225-0190 or via email at lmoody@corporateprofile.com. 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