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After finishing at $0.86 in the prior trading day, Mawson Infrastructure Group Inc (NASDAQ: MIGI) closed at $0.84, down -2.23%. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 0.77 million shares were traded. MIGI stock price reached its highest trading level at $0.882 during the session, while it also had its lowest trading level at $0.78.
Ratios:
Our goal is to gain a better understanding of MIGI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39.
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 15764895 and an Enterprise Value of 50863028. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27. Its current Enterprise Value per Revenue stands at 0.889 whereas that against EBITDA is -4.921.
Stock Price History:
The Beta on a monthly basis for MIGI is 3.36, which has changed by -0.6324786 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, MIGI has reached a high of $2.96, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -32.93%, while the 200-Day Moving Average is calculated to be -36.81%.
Shares Statistics:
The stock has traded on average 2.36M shares per day over the past 3-months and 253980 shares per day over the last 10 days, according to various share statistics. A total of 18.71M shares are outstanding, with a floating share count of 14.89M. Insiders hold about 20.39% of the company’s shares, while institutions hold 7.33% stake in the company. Shares short for MIGI as of 1730332800 were 703046 with a Short Ratio of 0.07, compared to 1727654400 on 639081. Therefore, it implies a Short% of Shares Outstanding of 703046 and a Short% of Float of 3.9899999999999998.
