In the last trading session, 2.4 million Mawson Infrastructure Group Inc (NASDAQ:MIGI) shares changed hands as the company’s beta touched 3.21. With the company’s per share price at $1.38 changed hands at $0.05 or 3.76% during last session, the market valuation stood at $24.18M. MIGI’s last price was a discount, traded about -218.84% off its 52-week high of $4.40. The share price had its 52-week low at $0.43, which suggests the last value was 68.84% up since then. When we look at Mawson Infrastructure Group Inc’s average trading volume, we note the 10-day average is 2.38 million shares, with the 3-month average coming to 663.45K.
Analysts gave the Mawson Infrastructure Group Inc (MIGI) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MIGI as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
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Mawson Infrastructure Group Inc (NASDAQ:MIGI) trade information
Instantly MIGI was in green as seen at the end of in last trading. With action 26.61%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -56.88%, with the 5-day performance at 26.61% in the green. However, in the 30-day time frame, Mawson Infrastructure Group Inc (NASDAQ:MIGI) is -15.34% down. Looking at the short shares, we see there were 0.34 million shares sold at short interest cover period of 0.88 days.
Mawson Infrastructure Group Inc (MIGI) estimates and forecasts
Data shows that the Mawson Infrastructure Group Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -12.10% over the past 6 months, a 16.06% in annual growth rate that is considerably higher than the industry average of 9.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.15%. The 2024 estimates are for Mawson Infrastructure Group Inc earnings to increase by 16.06%.
Mawson Infrastructure Group Inc (NASDAQ:MIGI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 21.99% of Mawson Infrastructure Group Inc shares while 7.08% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.08%.
Among Mutual Funds, the top two as of Mar 31, 2024 were Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF and Vanguard Extended Market Index Fund . With 454.05 shares estimated at $0.63 million under it, the former controlled 2.59% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.07% of the shares, roughly 187.67 shares worth around $0.26 million.
