Market Highlights: Mawson Infrastructure Group Inc (MIGI) Ends on a Low Note at 0.58

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

The price of Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed at $0.58 in the last session, down -3.99% from day before closing price of $0.60. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 0.12 million shares were traded. MIGI stock price reached its highest trading level at $0.58 during the session, while it also had its lowest trading level at $0.55.

Ratios:

We take a closer look at MIGI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 11385197 and an Enterprise Value of 31701980. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21. Its current Enterprise Value per Revenue stands at 0.584 whereas that against EBITDA is -2.501.

Stock Price History:

The Beta on a monthly basis for MIGI is 3.91, which has changed by -0.5396825 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, MIGI has reached a high of $2.45, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 6.49%, while the 200-Day Moving Average is calculated to be -43.81%.

Shares Statistics:

According to the various share statistics, MIGI traded on average about 499.03K shares per day over the past 3-months and 381670 shares per day over the past 10 days. A total of 18.79M shares are outstanding, with a floating share count of 14.75M. Insiders hold about 25.49% of the company’s shares, while institutions hold 4.05% stake in the company. Shares short for MIGI as of 1745971200 were 397810 with a Short Ratio of 0.80, compared to 1743379200 on 330107. Therefore, it implies a Short% of Shares Outstanding of 397810 and a Short% of Float of 2.3800000000000003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.