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Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed the day trading at $0.51 down -9.80% from the previous closing price of $0.57. In other words, the price has decreased by -$9.80 from its previous closing price. On the day, 0.53 million shares were traded. MIGI stock price reached its highest trading level at $0.5909 during the session, while it also had its lowest trading level at $0.466.
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 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11214968 and an Enterprise Value of 30432998. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is -2.401.
Stock Price History:
The Beta on a monthly basis for MIGI is 3.82, which has changed by -0.60465115 over the last 52 weeks, in comparison to a change of 0.11730647 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 -6.41%, while the 200-Day Moving Average is calculated to be -48.06%.
Shares Statistics:
Over the past 3-months, MIGI traded about 510.33K shares per day on average, while over the past 10 days, MIGI traded about 353930 shares per day. A total of 18.79M shares are outstanding, with a floating share count of 14.13M. Insiders hold about 28.61% of the company’s shares, while institutions hold 4.05% stake in the company. Shares short for MIGI as of 1747267200 were 240468 with a Short Ratio of 0.47, compared to 1744675200 on 416875. Therefore, it implies a Short% of Shares Outstanding of 240468 and a Short% of Float of 1.4400001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
1 analysts predict $13.7M in revenue for the current quarter. It ranges from a high estimate of $13.7M to a low estimate of $13.7M. As of the current estimate, Mawson Infrastructure Group Inc’s year-ago sales were $13.11MFor the next quarter, 1 analysts are estimating revenue of $13.7M. There is a high estimate of $13.7M for the next quarter, whereas the lowest estimate is $13.7M.
A total of 1 analysts have provided revenue estimates for MIGI’s current fiscal year. The highest revenue estimate was $55M, while the lowest revenue estimate was $55M, resulting in an average revenue estimate of $55M. In the same quarter a year ago, actual revenue was $59.27M
