NASDAQ:MIGI

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

$1.02
-0.13 (-11.30%)
(As of 05/10/2024 ET)
Today's Range
$1.01
$1.19
50-Day Range
$0.97
$1.69
52-Week Range
$0.43
$4.40
Volume
272,013 shs
Average Volume
263,186 shs
Market Capitalization
$17.87 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
96.1% Upside
$2.00 Price Target
Short Interest
Healthy
3.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Mawson Infrastructure Group in the last 14 days
Based on 3 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.

2.08 out of 5 stars

Computer And Technology Sector

450th out of 601 stocks

Nondepository Credit Institutions Industry

39th out of 50 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

The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Mawson Infrastructure names new board chair
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
MIGI Mawson Infrastructure Group, Inc.
Mawson Infrastructure Group Inc (MIGI)
See More Headlines
Receive MIGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mawson Infrastructure Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/01/2024
Today
5/11/2024
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
+96.1%
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
16,565,000
Market Cap
$17.87 million
Optionable
Not Optionable
Beta
3.29
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Rahul Mewawalla (Age 44)
    CEO, President & Director
  • Mr. William Harrison
    Chief Financial Officer

MIGI Stock Analysis - Frequently Asked Questions

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mawson Infrastructure Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued 1 year price objectives for Mawson Infrastructure Group's stock. Their MIGI share price targets range from $1.00 to $3.00. On average, they predict the company's share price to reach $2.00 in the next year. This suggests a possible upside of 96.1% 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 start of the year. Since then, MIGI stock has decreased by 68.1% and is now trading at $1.02.
View the best growth stocks for 2024 here
.

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 quarterly earnings data on Monday, April, 1st. The company reported ($0.76) EPS for the quarter, beating analysts' consensus estimates of ($0.82) by $0.06. The firm had revenue of $14.02 million for the quarter, compared to analyst estimates of $9.20 million. Mawson Infrastructure Group had a negative net margin of 138.67% and a negative trailing twelve-month return on equity of 121.73%.

What ETF holds Mawson Infrastructure Group's stock?

Valkyrie Bitcoin Miners ETF holds 437,794 shares of MIGI stock, representing 0.68% of its portfolio.

When did Mawson Infrastructure Group's stock split?

Mawson Infrastructure Group's stock reverse split on the morning of 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 5/11/2024 by MarketBeat.com Staff

From Our Partners