<div id="readability-page-1"><p>Mercurity Fintech Holding Inc. Sponsored ADR (NASDAQ:MFH - Get Free Report) insider Wilfred Zhongkei Daye sold 1,800 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $11.48, for a total value of $20,664.00. Following the sale, the insider owned 58,399 shares in the company, valued at $670,420.52. The trade was a 2.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.</p><p>Wilfred Zhongkei Daye also recently made the following trade(s): </p><ul><li>On Monday, October 27th, Wilfred Zhongkei Daye sold 100 shares of Mercurity Fintech stock. The stock was sold at an average price of $11.25, for a total value of $1,125.00. </li><li>On Thursday, October 23rd, Wilfred Zhongkei Daye sold 200 shares of Mercurity Fintech stock. The shares were sold at an average price of $11.13, for a total value of $2,226.00. </li><li>On Wednesday, October 22nd, Wilfred Zhongkei Daye sold 300 shares of Mercurity Fintech stock. The shares were sold at an average price of $9.52, for a total value of $2,856.00. </li><li>On Monday, October 20th, Wilfred Zhongkei Daye sold 1,000 shares of Mercurity Fintech stock. The shares were sold at an average price of $11.98, for a total value of $11,980.00. </li><li>On Friday, October 17th, Wilfred Zhongkei Daye sold 500 shares of Mercurity Fintech stock. The shares were sold at an average price of $12.60, for a total value of $6,300.00. </li><li>On Thursday, October 16th, Wilfred Zhongkei Daye sold 2,170 shares of Mercurity Fintech stock. The shares were sold at an average price of $11.37, for a total value of $24,672.90. </li><li>On Wednesday, October 15th, Wilfred Zhongkei Daye sold 1,195 shares of Mercurity Fintech stock. The shares were sold at an average price of $14.87, for a total value of $17,769.65. </li></ul><div><p><span></span><span>Get <strong>Mercurity Fintech</strong> alerts:</span></p></div><h2>Mercurity Fintech Stock Down 2.0%</h2><p>MFH traded down $0.23 during trading hours on Wednesday, hitting $11.06. The company's stock had a trading volume of 204,104 shares, compared to its average volume of 467,072. Mercurity Fintech Holding Inc. Sponsored ADR has a fifty-two week low of $1.03 and a fifty-two week high of $36.77. The company has a 50-day simple moving average of $13.21 and a 200 day simple moving average of $7.60. </p><p>Mercurity Fintech declared that its Board of Directors has initiated a share repurchase plan on Tuesday, July 22nd that permits the company to buyback $10.00 million in    shares. This buyback authorization permits the company to purchase up to 7.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued. </p><h2>Analyst Upgrades and Downgrades</h2><p>Separately, Weiss Ratings  reaffirmed a &#34;sell (e+)&#34; rating on shares of Mercurity Fintech in a research note on Wednesday, October 8th. One analyst  has rated the stock with a Sell rating,  According to data from MarketBeat.com, the company  has an average rating of &#34;Sell&#34;.</p><p><b>View Our Latest Analysis on MFH</b></p><h2>Institutional Investors Weigh In On Mercurity Fintech</h2><p>Several large investors have recently modified their holdings of MFH. Y Intercept Hong Kong Ltd boosted its stake in shares of  Mercurity Fintech by 146.4% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 30,051 shares of the company's stock worth $161,000 after acquiring an additional 17,856 shares in the last quarter.  Invesco Ltd. bought a new stake in shares of  Mercurity Fintech during the 1st quarter worth $271,000.  Harvest Portfolios Group Inc. bought a new stake in shares of  Mercurity Fintech during the 1st quarter worth $66,000.  OMERS ADMINISTRATION Corp boosted its stake in shares of  Mercurity Fintech by 122.0% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 44,175 shares of the company's stock worth $237,000 after acquiring an additional 24,275 shares in the last quarter.  Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of  Mercurity Fintech during the 1st quarter worth $237,000. 30.82% of the stock is owned by institutional investors. </p><h2>About Mercurity Fintech</h2> (Get Free Report)<p>Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Mercurity Fintech</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>These 3 High-Momentum ETFs Are Riding the Tech Wave</li><li>Trading Stocks: RSI and Why it's Useful</li><li>Verizon Results Trigger Rebound in High-Yield Stock</li><li>Investing In Preferred Stock vs. Common Stock</li><li>Picks &amp; Shovels: Investing in the Physical Foundation of AI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUZI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUZI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Mercurity Fintech Right Now?</h2><p>Before you consider Mercurity Fintech, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mercurity Fintech wasn't on the list.</p><p>While Mercurity Fintech currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wilfred Zhongkei Daye, an insider at Mercurity Fintech Holding Inc. (NASDAQ:MFH), sold 1,800 shares of the company's stock on October 29th for $20,664 at an average price of $11.48. This sale reduced his ownership by 2.99%, leaving him with 58,399 shares valued at $670,420.52. Daye has made several other sales recently, with the stock currently trading down 2.0% at $11.06. The company has initiated a $10 million share repurchase plan, indicating potential undervaluation. Analysts maintain a "sell" rating on the stock.</p>

Wilfred Zhongkei Daye Sells 1,800 Shares of Mercurity Fintech (NASDAQ:MFH) Stock