For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Mawson Infrastructure Group Inc (NASDAQ: MIGI) was $0.44 for the day, up 16.02% from the previous closing price of $0.38. In other words, the price has increased by $16.02 from its previous closing price. On the day, 0.83 million shares were traded. MIGI stock price reached its highest trading level at $0.47 during the session, while it also had its lowest trading level at $0.3915.
Ratios:
Our analysis of MIGI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 8730433 and an Enterprise Value of 27841582. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16. Its current Enterprise Value per Revenue stands at 0.513 whereas that against EBITDA is -2.196.
Stock Price History:
The Beta on a monthly basis for MIGI is 3.66, which has changed by -0.73006135 over the last 52 weeks, in comparison to a change of 0.11937654 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 -19.49%, while the 200-Day Moving Average is calculated to be -51.85%.
Shares Statistics:
MIGI traded an average of 516.02K shares per day over the past three months and 365350 shares per day over the past ten days. A total of 18.79M shares are outstanding, with a floating share count of 14.04M. Insiders hold about 29.10% of the company’s shares, while institutions hold 4.05% stake in the company. Shares short for MIGI as of 1749772800 were 98245 with a Short Ratio of 0.19, compared to 1747267200 on 240468. Therefore, it implies a Short% of Shares Outstanding of 98245 and a Short% of Float of 0.58999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
