With over 2.86 million Mobile Global Esports Inc (MGAM) shares trading Tuesday and a closing price of $0.38 on the day, the dollar volume was approximately $1.09 million. The shares have shown a negative half year performance of -17.10% and its price on 12/26/23 gained nearly 29.44%. Currently, there are 20.42M common shares owned by the public and among those 15.47M shares have been available to trade.
Insiders at the company have transacted a total of 1 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 1 occasions, with total insider shares sold totaling 550 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Fidelity Nasdaq Composite Index F owns 9224.0 shares of the company’s stock, all valued at over $2906.0.
However, the script later moved the day high at 0.4335, up 29.44%. The company’s stock has a 5-day price change of 31.93% and 30.94% over the past three months. MGAM shares are trading -53.61% year to date (YTD), with the 12-month market performance down to -62.85% lower. It has a 12-month low price of $0.26 and touched a high of $4.68 over the same period. MGAM has an average intraday trading volume of 324.11K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 24.74%, 15.52%, and -23.23% respectively.
Institutional ownership of Mobile Global Esports Inc (NASDAQ: MGAM) shares accounts for 0.30% of the company’s 20.42M shares outstanding. Mutual fund holders own 0.25%, while other institutional holders and individual stakeholders account for 3.18% and 0.05% respectively.
It has a market capitalization of $7.81M and a beta (3y monthly) value of 3.92. The earnings-per-share (ttm) stands at -$0.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 25.75% over the week and 14.76% over the month.
Analysts forecast that Mobile Global Esports Inc (MGAM) will achieve an EPS of $0 for the current quarter, $0 for the next quarter and $0 for 2024. The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to decrease by -300.00%, and -17.86% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Mobile Global Esports Inc (MGAM) as a “Strong Buy” at a consensus score of 1.00. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
