After finishing at $1.67 in the prior trading day, Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed at $1.50, down -10.18%. In other words, the price has decreased by -$0.1700 from its previous closing price. On the day, 799746 shares were traded.
Ratios:
Our goal is to gain a better understanding of MIGI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.29. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.03.
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.
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 27.96M and an Enterprise Value of 47.20M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 1.02 whereas that against EBITDA is -2.18.
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 $0.43. The 50-Day Moving Average of the stock is 2.4174, while the 200-Day Moving Average is calculated to be 1.6272.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 758.56k shares per day over the last 10 days, according to various share statistics. A total of 16.64M shares are outstanding, with a floating share count of 14.11M. Insiders hold about 15.23% of the company’s shares, while institutions hold 6.85% stake in the company. Shares short for MIGI as of Feb 15, 2024 were 675.62k with a Short Ratio of 0.60, compared to 641.87k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.06% and a Short% of Float of 4.53%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.73 for the current quarter, with a high estimate of -$0.65 and a low estimate of -$0.82, while EPS last year was -$0.18. 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 -$3.72 and -$3.96 for the fiscal current year, implying an average EPS of -$3.84. EPS for the following year is -$1.62, with 2 analysts recommending between -$0.42 and -$2.82.
Revenue Estimates
2 analysts predict $9.75M in revenue for the current quarter. It ranges from a high estimate of $10.31M to a low estimate of $9.2M. As of the current estimate, Mawson Infrastructure Group Inc’s year-ago sales were $16.85M, an estimated decrease of -42.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $16M, an increase of 108.60% over than the figure of -$42.10% in the same quarter last year. There is a high estimate of $16M for the next quarter, whereas the lowest estimate is $16M.
A total of 2 analysts have provided revenue estimates for MIGI’s current fiscal year. The highest revenue estimate was $39.86M, while the lowest revenue estimate was $38.7M, resulting in an average revenue estimate of $39.28M. In the same quarter a year ago, actual revenue was $84.39M, down -53.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $49.89M in the next fiscal year. The high estimate is $60.17M and the low estimate is $39.6M. The average revenue growth estimate for next year is up 27.00% from the average revenue estimate for this year.
