Shares of Mmtec (NYSE:MTC) were up 6.7% during mid-day trading on Wednesday . The stock traded as high as $6.22 and last traded at $5.56. Approximately 121,000 shares changed hands during trading, an increase of 447% from the average daily volume of 22,113 shares. The stock had previously closed at $5.21.

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About Mmtec (NYSE:MTC)

Mmtec, Inc develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements in the People's Republic of China. It offers Internet-based securities solutions, such as Securities Dealers Trading System, which includes securities registration and clearing, account management, risk management, trading and execution, and third party access middleware; Private Fund Investment Management System that supports multi-account management, fund valuation, risk management, quantitative trading access, liquidation, and requisition management; and Mobile Transaction Individual Client System and PC Client System for Apple IOS, Android, PC, and Web.

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