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Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed the day trading at $1.0 up 13.36% from the previous closing price of $0.88. In other words, the price has increased by $13.36 from its previous closing price. On the day, 0.79 million shares were traded. MIGI stock price reached its highest trading level at $1.02 during the session, while it also had its lowest trading level at $0.77.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on March 30, 2022, initiated with a Overweight rating and assigned the stock a target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIGI now has a Market Capitalization of 20825256 and an Enterprise Value of 44188460. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41. Its current Enterprise Value per Revenue stands at 0.871 whereas that against EBITDA is -2.894.
Stock Price History:
The Beta on a monthly basis for MIGI is 3.72, which has changed by -0.31506848 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, MIGI has reached a high of $2.33, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 97.00%, while the 200-Day Moving Average is calculated to be 74.25%.
Shares Statistics:
Over the past 3-months, MIGI traded about 834.01K shares per day on average, while over the past 10 days, MIGI traded about 3332800 shares per day. A total of 20.83M shares are outstanding, with a floating share count of 14.62M. Insiders hold about 29.85% of the company’s shares, while institutions hold 4.11% stake in the company. Shares short for MIGI as of 1759190400 were 466710 with a Short Ratio of 0.56, compared to 1756425600 on 18073. Therefore, it implies a Short% of Shares Outstanding of 466710 and a Short% of Float of 2.27.
Earnings Estimates
The performance of Mawson Infrastructure Group Inc (MIGI) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.52, with high estimates of -$0.52 and low estimates of -$0.52.
Analysts are recommending an EPS of between -$1.49 and -$1.49 for the fiscal current year, implying an average EPS of -$1.49.
Revenue Estimates
1 analysts predict $5.3M in revenue for . The current quarter. It ranges from a high estimate of $5.3M to a low estimate of $5.3M. As of . The current estimate, Mawson Infrastructure Group Inc’s year-ago sales were $12.32MFor the next quarter, 1 analysts are estimating revenue of $5.3M. There is a high estimate of $5.3M for the next quarter, whereas the lowest estimate is $5.3M.
A total of 1 analysts have provided revenue estimates for MIGI’s current fiscal year. The highest revenue estimate was $34M, while the lowest revenue estimate was $34M, resulting in an average revenue estimate of $34M. In the same quarter a year ago, actual revenue was $59.27M