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 $5.05 down -0.98% from the previous closing price of $5.1. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.88 million shares were traded. MIGI stock price reached its highest trading level at $5.66 during the session, while it also had its lowest trading level at $4.64.
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 5773463 and an Enterprise Value of 30773008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.597 whereas that against EBITDA is -7.419.
Stock Price History:
The Beta on a monthly basis for MIGI is 4.77, which has changed by -0.87740386 over the last 52 weeks, in comparison to a change of 0.1177547 over the same period for the S&P500. Over the past 52 weeks, MIGI has reached a high of $46.60, while it has fallen to a 52-week low of $4.40. The 50-Day Moving Average of the stock is -70.03%, while the 200-Day Moving Average is calculated to be -57.23%.
Shares Statistics:
Over the past 3-months, MIGI traded about 98.94K shares per day on average, while over the past 10 days, MIGI traded about 177109 shares per day. A total of 1.14M shares are outstanding, with a floating share count of 1.14M. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.33% stake in the company. Shares short for MIGI as of 1763078400 were 26430 with a Short Ratio of 0.31, compared to 1760486400 on 21446. Therefore, it implies a Short% of Shares Outstanding of 26430 and a Short% of Float of 2.34.
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
