Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed the day trading at $4.5 up 7.66% from the previous closing price of $4.18. In other words, the price has increased by $7.66 from its previous closing price. On the day, 2.13 million shares were traded. MIGI stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $4.28.
Ratios:
For a better understanding of MIGI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35.
Upgrades & Downgrades
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 5144670 and an Enterprise Value of 30144216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10. Its current Enterprise Value per Revenue stands at 0.584 whereas that against EBITDA is -7.267.
Stock Price History:
The Beta on a monthly basis for MIGI is 4.58, which has changed by -0.7930693 over the last 52 weeks, in comparison to a change of 0.15905356 over the same period for the S&P500. Over the past 52 weeks, MIGI has reached a high of $40.00, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is -69.84%, while the 200-Day Moving Average is calculated to be -60.11%.
Shares Statistics:
Over the past 3-months, MIGI traded about 1.38M shares per day on average, while over the past 10 days, MIGI traded about 8082010 shares per day. A total of 1.05M shares are outstanding, with a floating share count of 0.95M. Insiders hold about 16.90% of the company’s shares, while institutions hold 2.33% stake in the company. Shares short for MIGI as of 1764288000 were 150764 with a Short Ratio of 0.11, compared to 1761868800 on 31079. Therefore, it implies a Short% of Shares Outstanding of 150764 and a Short% of Float of 13.340001.
Earnings Estimates
Investors are keenly observing as 1.0 analysts analyze and rate. The current performance of Mawson Infrastructure Group Inc (MIGI) in the stock market.
Analysts are recommending an EPS of between -$29.8 and -$29.8 for the fiscal current year, implying an average EPS of -$29.8.
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 $15.07M
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
