NASDAQ:MIGI

Mawson Infrastructure Group (MIGI) Stock Price, News & Analysis

$1.39
+0.05 (+3.73%)
(As of 04/25/2024 ET)
Today's Range
$1.16
$1.45
50-Day Range
$0.97
$1.96
52-Week Range
$0.43
$4.40
Volume
188,311 shs
Average Volume
687,033 shs
Market Capitalization
$23.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00

Mawson Infrastructure Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.9% Upside
$2.00 Price Target
Short Interest
Healthy
3.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.36mentions of Mawson Infrastructure Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.43 out of 5 stars

Computer And Technology Sector

411th out of 586 stocks

Nondepository Credit Institutions Industry

29th out of 44 stocks

MIGI stock logo

About Mawson Infrastructure Group Stock (NASDAQ:MIGI)

Mawson Infrastructure Group Inc. develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities. The company is based in Midland, Pennsylvania.

MIGI Stock Price History

MIGI Stock News Headlines

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Mawson Infrastructure names new board chair
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
MIGI Mawson Infrastructure Group, Inc.
Mawson Infrastructure Group Inc (MIGI)
See More Headlines
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Company Calendar

Last Earnings
4/01/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:MIGI
Fax
N/A
Employees
30
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.00
High Stock Price Target
$3.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+43.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-60,420,000.00
Net Margins
-138.67%
Pretax Margin
-120.71%

Debt

Sales & Book Value

Annual Sales
$43.57 million
Book Value
$1.83 per share

Miscellaneous

Free Float
14,648,000
Market Cap
$23.14 million
Optionable
Not Optionable
Beta
3.24
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MIGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Mawson Infrastructure Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mawson Infrastructure Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MIGI shares.
View MIGI analyst ratings
or view top-rated stocks.

What is Mawson Infrastructure Group's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for Mawson Infrastructure Group's shares. Their MIGI share price targets range from $1.00 to $3.00. On average, they predict the company's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price.
View analysts price targets for MIGI
or view top-rated stocks among Wall Street analysts.

How have MIGI shares performed in 2024?

Mawson Infrastructure Group's stock was trading at $3.20 at the beginning of the year. Since then, MIGI stock has decreased by 56.6% and is now trading at $1.39.
View the best growth stocks for 2024 here
.

Are investors shorting Mawson Infrastructure Group?

Mawson Infrastructure Group saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 553,700 shares, a decrease of 30.5% from the March 31st total of 796,600 shares. Based on an average daily trading volume, of 556,900 shares, the days-to-cover ratio is presently 1.0 days. Approximately 3.9% of the company's stock are short sold.
View Mawson Infrastructure Group's Short Interest
.

When is Mawson Infrastructure Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our MIGI earnings forecast
.

How were Mawson Infrastructure Group's earnings last quarter?

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) issued its earnings results on Monday, April, 1st. The company reported ($0.76) EPS for the quarter, topping the consensus estimate of ($0.82) by $0.06. The firm had revenue of $14.02 million for the quarter, compared to analysts' expectations of $9.20 million. Mawson Infrastructure Group had a negative trailing twelve-month return on equity of 121.73% and a negative net margin of 138.67%.

What ETF holds Mawson Infrastructure Group's stock?

Valkyrie Bitcoin Miners ETF holds 443,791 shares of MIGI stock, representing 0.58% of its portfolio.

When did Mawson Infrastructure Group's stock split?

Shares of Mawson Infrastructure Group reverse split before market open on Tuesday, February 7th 2023. The 1-6 reverse split was announced on Tuesday, February 7th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

How do I buy shares of Mawson Infrastructure Group?

Shares of MIGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MIGI) was last updated on 4/25/2024 by MarketBeat.com Staff

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