Mawson Infrastructure Group Inc (NASDAQ:MIGI)’s traded shares stood at 0.75 million during the last session, with the company’s beta value hitting 3.21. At the close of trading, the stock’s price was $1.65, to imply an increase of 12.24% or $0.18 in intraday trading. The MIGI share’s 52-week high remains $4.40, putting it -166.67% down since that peak but still an impressive 73.94% since price per share fell to its 52-week low of $0.43. The company has a valuation of $30.61M, with an average of 2.51 million shares in intraday trading volume over the past 10 days and average of 727.03K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Mawson Infrastructure Group Inc (MIGI), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give MIGI a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
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Mawson Infrastructure Group Inc (NASDAQ:MIGI) trade information
After registering a 12.24% upside in the last session, Mawson Infrastructure Group Inc (MIGI) has traded red over the past five days. The 5-day price performance for the stock is 19.57%, and 27.91% over 30 days. With these gigs, the year-to-date price performance is -48.44%. Short interest in Mawson Infrastructure Group Inc (NASDAQ:MIGI) saw shorts transact 0.34 million shares and set a 0.88 days time to cover.
Mawson Infrastructure Group Inc (MIGI) estimates and forecasts
Looking at statistics comparing Mawson Infrastructure Group Inc share performance against respective industry, we note that the company has outperformed competitors. Mawson Infrastructure Group Inc (MIGI) shares are 3.12% up over the last 6 months, with its year-to-date growth rate higher than industry average at 39.90% against 12.00%. The rating firms project that company’s revenue will grow 38.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 13.11M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 14.84M.Earnings reports from the last fiscal year show that sales brought in 10.55M and 11.33M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 24.30% before jumping 30.90% in the following quarter.
MIGI Dividends
Mawson Infrastructure Group Inc has its next earnings report out on 2024-May-15. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Mawson Infrastructure Group Inc (NASDAQ:MIGI)’s Major holders
Mawson Infrastructure Group Inc insiders hold 20.77% of total outstanding shares, with institutional holders owning 6.69% of the shares at 8.44% float percentage. In total, 6.69% institutions holds shares in the company.
