Mawson Infrastructure Group Inc (MIGI) concluded trading on 01/11/24 at a closing price of $3.07, with 2.65 million shares of worth about $8.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.33% during that period and on Thursday the price saw a loss of about -12.78%. Currently the company’s common shares owned by public are about 16.64M shares, out of which, 14.11M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
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Mawson Infrastructure Group Inc (NASDAQ: MIGI) started trading at $3.92, above $0.4 from concluding price of the previous day. However, the stock later moved at a day high price of 4.4000, or with a loss of -12.78%. Stock saw a price change of -8.36% in past 5 days and over the past one month there was a price change of 195.19%. Year-to-date (YTD), MIGI shares are showing a performance of -4.06% which increased to 27.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.43 but also hit the highest price of $4.36 during that period. The average intraday trading volume for Mawson Infrastructure Group Inc shares is 726.39K. The stock is currently trading 20.32% above its 20-day simple moving average (SMA20), while that difference is up 110.61% for SMA50 and it goes to 72.55% higher than SMA200.
Mawson Infrastructure Group Inc (NASDAQ: MIGI) currently have 16.64M outstanding shares and institutions hold larger chunk of about 5.51% of that.
The stock has a current market capitalization of $51.08M and its 3Y-monthly beta is at 3.39. It has posted earnings per share of -$4.42 in the same period. It has Quick Ratio of 0.29 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MIGI, volatility over the week remained 25.60% while standing at 27.20% over the month.
Stock’s fiscal year EPS is expected to rise by 7.69% while it is estimated to increase by 57.81% in next year.
Analysts at 2 brokerage firms have issued recommendations for the Mawson Infrastructure Group Inc (MIGI)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 2 Wall Street analysts, 1 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on March 30, 2022 offering an Overweight rating for the stock and assigned a target price of $12 to it.