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As of close of business last night, Mawson Infrastructure Group Inc’s stock clocked out at $2.19, up 2.34% from its previous closing price of $2.14. In other words, the price has increased by $2.34 from its previous closing price. On the day, 0.72 million shares were traded. MIGI stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $1.96.
Ratios:
To gain a deeper understanding of MIGI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 5.72 whereas as Long-Term Debt/Eq ratio is 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.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Costello Ryan sold 48,395 shares for $1.25 per share. The transaction valued at 60,499 led to the insider holds 70,000 shares of the business.
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 40632384 and an Enterprise Value of 59026612. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 8.71. Its current Enterprise Value per Revenue stands at 1.031 whereas that against EBITDA is -5.71.
Stock Price History:
Over the past 52 weeks, MIGI has reached a high of $4.40, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is 55.71%, while the 200-Day Moving Average is calculated to be 51.09%.
Shares Statistics:
It appears that MIGI traded 744.07K shares on average per day over the past three months and 587560 shares per day over the past ten days. A total of 16.52M shares are outstanding, with a floating share count of 14.74M. Insiders hold about 20.56% of the company’s shares, while institutions hold 6.61% stake in the company. Shares short for MIGI as of 1728950400 were 626691 with a Short Ratio of 0.94, compared to 1726185600 on 738935. Therefore, it implies a Short% of Shares Outstanding of 626691 and a Short% of Float of 3.56.
