In recent trading session, Mobile Global Esports Inc (NASDAQ:MGAM) saw 1.31 million shares changing hands at last check today with its beta currently measuring 3.49. Company’s recent per share price level of $0.18 trading at $0.01 or 6.00% at last check today assigns it a market valuation of $3.82M. That most recent trading price of MGAM’s stock is at a discount of -450.0% from its 52-week high price of $0.99 and is indicating a premium of 33.33% from its 52-week low price of $0.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.76 million shares which gives us an average trading volume of 2.62 million if we extend that period to 3-months.

Mobile Global Esports Inc (NASDAQ:MGAM) trade information

Upright in the green today for gaining 6.00%, in the last five days MGAM remained trading in the green while hitting it’s week-highest on Tuesday, 04/09/24 when the stock touched $0.18 price level, adding 50.68% to its value on the day. Mobile Global Esports Inc’s shares saw a change of -44.58% in year-to-date performance and have moved 31.75% in past 5-day. Mobile Global Esports Inc (NASDAQ:MGAM) showed a performance of -14.24% in past 30-days. Number of shares sold short was 0.16 million shares which calculate 0.36 days to cover the short interests.

MGAM Dividends

Mobile Global Esports Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Mobile Global Esports Inc (NASDAQ:MGAM)’s Major holders

Insiders are in possession of 18.42% of company’s total shares while institution are holding 5.58 percent of that, with stock having share float percentage of 6.84%. Investors also watch the number of corporate investors in a company very closely, which is 5.58% institutions for Mobile Global Esports Inc that are currently holding shares of the company. Two Sigma Investments, LP is the top institutional holder at MGAM for having 22198.0 shares of worth $10947.0. And as of Jun 29, 2023, it was holding 0.11% of the company’s outstanding shares.

The second largest institutional holder is Virtu Financial LLC, which was holding about 21434.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.10% of outstanding shares, having a total worth of $10570.0.