MTEN Stock Summary and Trading Ideas (Mingteng International - | NASDAQ:MTEN)

Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International - trades on the NASDAQ stock market under the symbol MTEN.

As of May 10, 2024, MTEN stock price declined to $5.89 with 9,288 million shares trading.

MTEN has a market cap of $35.63 million. This is considered a Sub-Micro Cap stock.

MTEN support price is $5.48 and resistance is $6.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MTEN stock will trade within this expected range on the day.