MG

Mega Fortune Company Limited

MGRTTechnologyNASDAQ

Information Technology Services · Last scanned Oct 24, 2026

PriceMA150MA200
Loading chart…
End-of-day data · ScananceOpen live chart on TradingView ↗
Indicator snapshot · Today
Premium
Today's indicator reading is locked

Free plan shows historical signals only. Upgrade to see this ticker's current MA150, MA200, RSI, and MACD readings.

Upgrade to see today →
Financials · Annual
Revenue
$11.1M
+233.3% YoY
Net Income
$1.8M
+345.4% YoY
EBITDA
$2.4M
+273.4% YoY
Free Cash Flow
-$8.4M

Scan Results

Daily timeframe
3 recent days hidden. Fresh signals are a Premium featureUpgrade →
DateIndicatorDetails
Oct 1CONFIRMED▲ RSI OversoldRSI 24.7, below 30, stock may be oversold
Sep 28▼ MACD Negative CrossoverHistogram -0.2211, negative momentum
About Mega Fortune Company Limited

Mega Fortune Company Limited, through its subsidiaries, provides Internet of Things (IoT) solutions and services to various industries. At a $1.62B market cap, Mega Fortune Company Limited ranks as a small-cap company within technology. Its IoT integration solution includes consulting, development and implementation, analytics, and evolution.

Where MGRT stands vs its 150-day and 200-day moving averages

As of the October 1, 2026 close, MGRT finished 20.64% above its 150-day moving average ($82.90) and 56.53% above its 200-day moving average ($63.89). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is MGRT overbought or oversold?

At the October 1, 2026 close, MGRT's RSI(14) was 24.7, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$1.62B
EPS$-0.20
52W Change+2350.0%
Dividend Yield0.00%
ROE-35.4%
Analysis

On the balance sheet, MGRT has $10K in cash with $655K in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$8.4M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -35.4% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $3.5M (2022) to $11.1M (2025), reflecting a 217% increase over the period.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Mega Fortune Company Limited's trajectory.

Links
More Technology stocks
Browse all stocks →
⚠Not financial advice. Scanance shows end-of-day technical indicators (not real-time prices) for information only. Results can be wrong; past performance does not guarantee future results.PrivacyTerms