Mawson Infrastructure Group Inc (NASDAQ:MIGI) does about 498.88K shares in volume on a normal day but saw 904838 shares change hands in the recent trading day. The company now has a market cap of 12.93M USD. Its current market price is $0.65, marking an increase of 13.54% compared to the previous close of $0.58. The 52 week high reached by this stock is $2.45 whilst the lowest price level in 52 weeks is $0.35.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 78.33% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 30, 2022 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $12.
The current price level is 6.63%, 19.73%, and -34.68% away from its SMA20, SMA50, and SMA200 respectively, with the MIGI price moving below the 50-day SMA on current market day. Mawson Infrastructure Group Inc (MIGI) stock is up 11.32% over the week and 5.70% over the past month. Its price is -21.57% year-to-date and -49.75% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $13.7M.
To reach the target analysts have set, the stock logically needs to grow 78.33 percent from here.
Outstanding shares total 18.79M with insiders holding 17.93% of the shares and institutional holders owning 4.55% of the company’s common stock. The company has a return on investment of -2897.62% and return on equity of -461.16%. The beta has a value of 3.82. Price to sales ratio is 0.24.
