How have MTEN shares performed this year?

Mingteng International's stock was trading at $3.50 at the beginning of 2024. Since then, MTEN shares have increased by 26.9% and is now trading at $4.44. View the best growth stocks for 2024 here .

When did Mingteng International IPO?

Mingteng International (MTEN) raised $5 million in an initial public offering (IPO) on Thursday, April 18th 2024. The company issued 1,275,000 shares at $4.00 per share.

When does Mingteng International's lock-up period expire?

Mingteng International's lock-up period expires on Tuesday, October 15th. Mingteng International had issued 1,050,000 shares in its public offering on April 18th. The total size of the offering was $4,200,000 based on an initial share price of $4.00. After the expiration of Mingteng International's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

How do I buy shares of Mingteng International?

Shares of MTEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MTEN

Mingteng International (MTEN) Stock Price, News & Analysis

$4.44

+0.02 (+0.45%)

(As of 10/8/2024 ET)

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About Mingteng International Stock (NASDAQ:MTEN)

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Key Stats

Today's Range: $4.36
▼
$4.57
50-Day Range: $3.64
▼
$5.74
52-Week Range: $1.80
▼
$7.13
Volume: 32,777 shs
Average Volume: 93,296 shs
Market Capitalization: $27.56 million
P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A
Consensus Rating: N/A

Company Overview

Mingteng International Corporation Inc. engages in the design, development, production, assembly, testing, repair, and after-sale service of molds in the People's Republic of China. It offers casting molds for turbocharger systems, braking systems, steering and differential systems, and other automotive system parts. The company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components. It serves automobile, construction machinery, and other manufacturing industries. The company was founded in 2015 and is based in Wuxi, China.

MTEN Stock News Headlines

Mingteng International Co. Inc.'s (NASDAQ:MTEN) Lock-Up Period Will Expire on October 15th

October 8 at 1:23 AM | americanbankingnews.com

Mingteng International Corporation Inc. Announces Financial Results for Fiscal Year 2023

May 15, 2024 | prnewswire.com

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Mingteng International Corporation Inc. Announces Full Exercise of Underwriters' Over-Allotment Option

May 10, 2024 | globenewswire.com

Mingteng International Corp Inc (MTEN)

April 25, 2024 | investing.com

Mingteng International Corp Inc

April 23, 2024 | morningstar.com

Mingteng International Corporation Inc. Announces Closing of Initial Public Offering

April 22, 2024 | globenewswire.com

Mingteng International Corporation Inc. Announces Pricing of Initial Public Offering

April 22, 2024 | finance.yahoo.com

See More Headlines

MTEN Stock Analysis - Frequently Asked Questions

: Mingteng International's stock was trading at $3.50 at the beginning of 2024. Since then, MTEN shares have increased by 26.9% and is now trading at $4.44.
View the best growth stocks for 2024 here.
: Mingteng International (MTEN) raised $5 million in an initial public offering (IPO) on Thursday, April 18th 2024. The company issued 1,275,000 shares at $4.00 per share.
: Mingteng International's lock-up period expires on Tuesday, October 15th. Mingteng International had issued 1,050,000 shares in its public offering on April 18th. The total size of the offering was $4,200,000 based on an initial share price of $4.00. After the expiration of Mingteng International's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
: Shares of MTEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Today: 10/08/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Metal doors, sash, & trim
Sub-Industry: Construction Materials
Current Symbol: NASDAQ:MTEN
CUSIP: N/A
CIK: 1948099
Web: ir.wxmtmj.cn
Phone: 86-510-8331-8500
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.21
Quick Ratio: 1.80

Sales & Book Value

Annual Sales: $8.16 million
Price / Sales: 3.38
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 6,207,000
Free Float: N/A
Market Cap: $27.56 million
Optionable: N/A
Beta: N/A

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This page (NASDAQ:MTEN) was last updated on 10/8/2024 by MarketBeat.com Staff

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