MICT Inc. (NASDAQ:MICT) Stock Continues to Move Higher: More To Come?

September 8, 2021

MICT Inc. (NASDAQ:MICT) jumped 9%. Recently the company released its Q2 2021 financial results for the period ending June 30, 2021. The company’s insurance business jumped 50% sequentially to $12.3 million for B2B sales relative to $8.2 million in Q1. Total consolidated revenue was up 38%, attributed to the increase in demand in the insurance segment. Operating loss in Q2 2021 was $16.6 million compare to $4.7 million in the…


MICT Inc (NASDAQ:MICT) Stock Up Slight After Analyst Note

August 4, 2021

Shares of MICT Inc (NASDAQ:MICT) are moving up slightly in the pre-market session as analyst at Alliance Global Partners set a price target of $4.25, stating the company is positioned to benefit from surging demand for insurance and equity trading in China. Alliance Global Partners’ Brian Kinstlinger notes, “We expect entry into the Chinese insurance market will be a primary catalyst. Pending launch of Magpie, its online equities trading platform,…