Mfs Multimarket Income Stock Today

MMT Stock  USD 4.68  0.03  0.65%   

Performance

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Odds Of Distress

Less than 5

 
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MFS Multimarket is selling for under 4.68 as of the 28th of November 2024; that is 0.65 percent up since the beginning of the trading day. The stock's last reported lowest price was 4.66. MFS Multimarket has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for MFS Multimarket Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
5th of March 1987
Classification
Financials
MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. MFS Multimarket Income Trust was formed on March 12, 1987 and is domiciled in the Unites States. MFS Multimarket is traded on New York Stock Exchange in the United States.. The company has 55.42 M outstanding shares of which 23.8 K shares are now shorted by investors with about 0.3 days to cover. More on MFS Multimarket Income

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MFS Stock Highlights

CEORobert Manning
Business ConcentrationAsset Management & Custody Banks, Financial Services, SBF 120 Gross, SBF 120, CAC Consumer Goods, CAC All Shares, CAC All-Tradable, CAC All Tradable, CAC Mid 60, CAC Mid Small, CAC All-Tradable Net, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.94
Significantly Down
Very volatile
Net Debt79.2 M85.5 M
Significantly Down
Slightly volatile
Total Current Liabilities96.9 M92.3 M
Sufficiently Up
Slightly volatile
Total Assets418.1 M331.2 M
Significantly Up
Slightly volatile
Total Current Assets8.3 M11.4 M
Way Down
Slightly volatile
Total Cash From Operating Activities37.5 M45.6 M
Significantly Down
Very volatile
Debt Levels
MFS Multimarket can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MFS Multimarket's financial leverage. It provides some insight into what part of MFS Multimarket's total assets is financed by creditors.
Liquidity
MFS Multimarket Income has 95 M in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. MFS Multimarket Income has a current ratio of 0.14, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for MFS to invest in growth at high rates of return.

Change In Working Capital

382,342
MFS Multimarket Income (MMT) is traded on New York Stock Exchange in USA. It is located in 111 Huntington Avenue, Boston, MA, United States, 02199 and employs 32 people. MFS Multimarket is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 259.38 M. MFS Multimarket Income runs under Capital Markets sector within Financials industry. The entity has 55.42 M outstanding shares of which 23.8 K shares are now shorted by investors with about 0.3 days to cover. MFS Multimarket Income has about 863.49 K in cash with 39.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check MFS Multimarket Probability Of Bankruptcy
Ownership Allocation
MFS Multimarket Income maintains a total of 55.42 Million outstanding shares. Roughly 77.99 % of MFS Multimarket outstanding shares are held by general public with 22.01 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MFS Ownership Details

MFS Multimarket Historical Income Statement

At this time, MFS Multimarket's Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 17.3 M in 2024, whereas Operating Income is likely to drop slightly above 15.7 M in 2024. View More Fundamentals

MFS Stock Against Markets

MFS Multimarket Corporate Management

James KilmanIndependent TrusteeProfile
Amanda MooradianAssistant Secretary, Assistant ClerkProfile
CFA CFAPortfolio ManagerProfile
Susan PereiraAssistant Secretary and Assistant ClerkProfile
Laurie ThomsenIndependent TrusteeProfile

Additional Tools for MFS Stock Analysis

When running MFS Multimarket's price analysis, check to measure MFS Multimarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS Multimarket is operating at the current time. Most of MFS Multimarket's value examination focuses on studying past and present price action to predict the probability of MFS Multimarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS Multimarket's price. Additionally, you may evaluate how the addition of MFS Multimarket to your portfolios can decrease your overall portfolio volatility.