Chaince Digital Holdings Inc. (CD)Financial Services | Capital Markets | New York, United States | NasdaqGM
6.47 USD
-2.19
(-25.289%) ⇩
(Oct. 12, 2026, 10:24 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:53 a.m. EDT
The investment case for Chaince Digital Holdings is structurally broken. While the company boasts a 98% revenue growth rate, this is entirely theoretical as the business is burning cash, generating negative free cash flow, and reporting significant losses. The balance sheet is fragile with negative operating cash flow and a massive short interest ratio of nearly 23x, signaling intense skepticism from the market. The price action is a classic 'dead cat bounce'; after a catastrophic 92% drop from its 2018 highs, the stock recently surged nearly 100% in a few weeks, only to immediately correct back toward its 50-day average. This volatility confirms the asset is being treated as a speculative vehicle rather than a viable business. With no dividend history and a valuation metric (P/S) of 369x that defies logic for a loss-making entity, there is no margin of safety. The options market agrees, with traders buying deep out-of-the-money puts to cap their downside, effectively betting against any further rally. Avoid this security. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.281538 |
| AutoTheta | 0.281822 |
| AutoETS | 0.289886 |
| AutoARIMA | 0.289887 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 20% |
| H-stat | 9.44 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.004 |
| Excess Kurtosis | 0.36 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 2.03 |
| Revenue per Share | 0.036 |
| Market Cap | 711,724,544 |
| Beta | 8.17 |
| Profit Margins | -182.51% |
| Previous Name | Mercurity Fintech Holding Inc. |
| Website | https://chaincedigital.com |
As of Oct. 10, 2026, 5:53 a.m. EDT: Speculators are heavily positioned for downside protection with massive open interest in out-of-the-money puts (strikes 2.5 and 5.0) expiring in late October and March 2027. Call activity is sparse and concentrated near the money, indicating a lack of bullish conviction despite recent price gains. The disparity between put volume and call volume suggests a 'bear put spread' or hedging strategy rather than a speculative long bet.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.52286506 |
| Address1 | 1,251 Avenue of the Americas |
| Address2 | Floor 41 |
| All Time High | 288.8889 |
| All Time Low | 0.533333 |
| Ask | 4.03 |
| Ask Size | 2 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 316,820 |
| Average Daily Volume3 Month | 234,581 |
| Average Volume | 234,581 |
| Average Volume10Days | 316,820 |
| Beta | 8.167 |
| Bid | 2.22 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 0.589 |
| City | New York |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.47 |
| Current Ratio | 27.527 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,789,430,400 |
| Day High | 8.46 |
| Day Low | 6.47 |
| Debt To Equity | 2.03 |
| Display Name | Chaince Digital |
| Dividend Yield | 0.0 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -4,492,831 |
| Ebitda Margins | -1.74191 |
| Enterprise To Ebitda | -257.591 |
| Enterprise To Revenue | 448.702 |
| Enterprise Value | 1,157,314,304 |
| Eps Trailing Twelve Months | -0.04 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.2998 |
| Fifty Day Average Change | 2.1701999 |
| Fifty Day Average Change Percent | 0.5047211 |
| Fifty Two Week Change Percent | -52.286507 |
| Fifty Two Week High | 24.888 |
| Fifty Two Week High Change | -18.418001 |
| Fifty Two Week High Change Percent | -0.7400354 |
| Fifty Two Week Low | 2.1 |
| Fifty Two Week Low Change | 4.37 |
| Fifty Two Week Low Change Percent | 2.0809524 |
| Fifty Two Week Range | 2.1 - 24.888 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,428,499,800,000 |
| Float Shares | 87,236,314 |
| Free Cashflow | -642,071 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 13 |
| Fullday Change | -2.19 |
| Fullday Change Percent | -25.288685 |
| Fullday Price | 6.47 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.59834 |
| Gross Profits | 1,543,272 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.1319 |
| Held Percent Institutions | 0.20377001 |
| Implied Shares Outstanding | 110,003,800 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,677,542,400 |
| Last Split Factor | 9:10 |
| Long Business Summary | Chaince Digital Holdings Inc. engages in providing financial and advisory services in the North America, Greater China, Southeast Asia, Hong Kong, Singapore, Malaysia, and the United States. The company offers industry advisory and consulting services, such as corporate restructuring, capital markets preparation, regulatory compliance, and business expansion strategies; IPO-related financial advisory and consulting services, including transaction structuring, preparation for regulatory filings, coordination with underwriters and professional advisors, and strategic capital markets advisory; and private investment in public equity advisory and placement-related services comprising identifying potential investors, assisting in transaction structuring, and coordinating the placement process. It also provides transaction execution and brokerage, clearing-related brokerage, referral, and escrow agent services. The company was formerly known as Mercurity Fintech Holding Inc. and changed its name to Chaince Digital Holdings Inc. in November 2025. Chaince Digital Holdings Inc. was incorporated in 2011 and is headquartered in New York, New York. |
| Long Name | Chaince Digital Holdings Inc. |
| Market | us_market |
| Market Cap | 711,724,544 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_281748677 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-12 |
| Net Income To Common | -2,943,154 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 470,816,264 |
| Open | 8.46 |
| Operating Cashflow | -982,057 |
| Operating Margins | -3.01828 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 949 678 9653 |
| Prev Name | Mercurity Fintech Holding Inc. |
| Previous Close | 8.66 |
| Price Hint | 2 |
| Price To Book | 10.98472 |
| Price To Sales Trailing12 Months | 275.94232 |
| Profit Margins | -1.82512 |
| Quick Ratio | 25.433 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -2.19 |
| Regular Market Change Percent | -25.288685 |
| Regular Market Day High | 8.46 |
| Regular Market Day Low | 6.47 |
| Regular Market Day Range | 6.47 - 8.46 |
| Regular Market Open | 8.46 |
| Regular Market Previous Close | 8.66 |
| Regular Market Price | 6.47 |
| Regular Market Time | 1,791,815,065 |
| Regular Market Volume | 92,910 |
| Return On Assets | -0.06374 |
| Return On Equity | -0.077259995 |
| Revenue Growth | 0.984 |
| Revenue Per Share | 0.036 |
| Sand P52 Week Change | 0.17383456 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 110,003,800 |
| Shares Percent Shares Out | 0.048699997 |
| Shares Short | 5,359,150 |
| Shares Short Previous Month Date | 1,786,665,600 |
| Shares Short Prior Month | 5,027,137 |
| Short Name | Chaince Digital Holdings Inc. - |
| Short Percent Of Float | 0.055999998 |
| Short Ratio | 22.91 |
| Source Interval | 15 |
| State | NY |
| Symbol | CD |
| Total Cash | 43,776,752 |
| Total Cash Per Share | 0.398 |
| Total Debt | 949,559 |
| Total Revenue | 2,579,251 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.04 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.98105 |
| Two Hundred Day Average Change | 1.4889498 |
| Two Hundred Day Average Change Percent | 0.29892287 |
| Type Disp | Equity |
| Volume | 92,910 |
| Website | https://chaincedigital.com |
| Zip | 10,020 |