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

Company Overview

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.

Key Stats

• Today's Range: $1.16 to $1.47
• 50-Day Range: $0.68 to $2.19
• 52-Week Range: $0.62 to $4.40
• Volume: 5.31 million shs
• Average Volume: 1.04 million shs
• Market Capitalization: $25.07 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.00
• Consensus Rating: Hold

Mawson Infrastructure Group Stock Analysis - MarketRank™

Mawson Infrastructure Group scored higher than 60% of companies evaluated by MarketBeat, and ranked 345th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Mawson Infrastructure Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mawson Infrastructure Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Mawson Infrastructure Group are expected to grow in the coming year, from ($1.85) to ($0.13) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mawson Infrastructure Group is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mawson Infrastructure Group is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mawson Infrastructure Group has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.86% of the float of Mawson Infrastructure Group has been sold short.

Short Interest Ratio / Days to Cover

Mawson Infrastructure Group has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mawson Infrastructure Group has recently decreased by 18.38%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mawson Infrastructure Group does not currently pay a dividend.

Dividend Growth

Mawson Infrastructure Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.86% of the float of Mawson Infrastructure Group has been sold short.

Short Interest Ratio / Days to Cover

Mawson Infrastructure Group has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mawson Infrastructure Group has recently decreased by 18.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: -0.17

News Sentiment

Mawson Infrastructure Group has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Mawson Infrastructure Group this week, compared to 1 article on an average week.

Search Interest

4 people have searched for MIGI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Mawson Infrastructure Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Mawson Infrastructure Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,494.00 in company stock.

Percentage Held by Insiders

Only 5.44% of the stock of Mawson Infrastructure Group is held by insiders.

Percentage Held by Institutions

Only 6.86% of the stock of Mawson Infrastructure Group is held by institutions.

MIGI Stock Analysis - Frequently Asked Questions

How have MIGI shares performed this year?

Mawson Infrastructure Group's stock was trading at $3.20 at the beginning of 2024. Since then, MIGI shares have decreased by 56.9% and is now trading at $1.3794.
View the best growth stocks for 2024 here.

When did Mawson Infrastructure Group's stock split?

Mawson Infrastructure Group shares 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.

Who are Mawson Infrastructure Group's major shareholders?

Mawson Infrastructure Group's top institutional investors include Jane Street Group LLC (0.36%) and Regal Partners Ltd (0.17%). Insiders that own company stock include Ryan Costello and Michael Forrest Hughes.
View institutional ownership trends.

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.

What other stocks do shareholders of Mawson Infrastructure Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mawson Infrastructure Group investors own include Permian Resources (PR), Crestwood Equity Partners (CEQP), Marathon Oil (MRO), Silvergate Capital (SI), ZIM Integrated Shipping Services (ZIM), Alpha and Omega Semiconductor (AOSL) and APA (APA).

Company Calendar

• Today: 12/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MIGI
• CUSIP: N/A
• CIK: 1218683
• Web: cosmoscapital.io
• Phone: 161286246130
• Fax: N/A
• Employees: 40
• 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: +51.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-60,420,000.00
• Net Margins: -93.68%
• Pretax Margin: -81.27%
• Return on Equity: -368.57%
• Return on Assets: -61.12%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 0.39
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $58.22 million
• Price / Sales: 0.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.83 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 18,708,000
• Free Float: 17,690,000
• Market Cap: $24.69 million
• Optionable: Not Optionable
• Beta: 3.23