NASDAQ:MLGO

MicroAlgo (MLGO) Stock Price, News & Analysis

$2.32
-0.06 (-2.52%)
(As of 04/23/2024 ET)
Today's Range
$2.28
$2.40
50-Day Range
$2.32
$9.20
52-Week Range
$2.17
$156.00
Volume
155,098 shs
Average Volume
1.01 million shs
Market Capitalization
$11.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
MLGO stock logo

About MicroAlgo Stock (NASDAQ:MLGO)

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertising distribution, mobile game publishing and licensing, software services, and comprehensive solutions for enterprise customers, as well as intelligent chips solutions for the semiconductor sector. In addition, it engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is headquartered in Shenzhen, the People's Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc.

MLGO Stock Price History

MLGO Stock News Headlines

MicroAlgo Inc. (MLGO)
MicroAlgo Inc MLGO
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Why Is MicroAlgo (MLGO) Stock Up 68% Today?
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Why MicroAlgo Stock Skyrocketed Today
Why Is MicroAlgo (MLGO) Stock Up 55% Today?
PESI, AREN and CDIO among mid-day movers
What's Going On With MicroAlgo Stock?
Crude Oil Rises 1%; MicroAlgo Shares Trend Higher
MicroAlgo Inc. (VENAF)
See More Headlines
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Company Calendar

Today
4/23/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Software - Infrastructure
Sub-Industry
N/A
Current Symbol
NASDAQ:MLGO
Web
N/A
Fax
N/A
Employees
86
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$81.89 million
Book Value
$8.90 per share

Miscellaneous

Free Float
3,989,000
Market Cap
$11.97 million
Optionable
Not Optionable
Beta
0.72
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Key Executives

  • Mr. Min Shu (Age 47)
    CEO & Director
  • Mr. Li He (Age 38)
    Chief Financial Officer
    Comp: $34.46k
  • Mr. Shiwen Liu (Age 42)
    Chief Operating Officer
    Comp: $17.23k
  • Mr. Chengwei Yi (Age 48)
    Chief Technical Officer
    Comp: $31.59k

MLGO Stock Analysis - Frequently Asked Questions

How have MLGO shares performed in 2024?

MicroAlgo's stock was trading at $9.12 at the beginning of the year. Since then, MLGO shares have decreased by 74.6% and is now trading at $2.32.
View the best growth stocks for 2024 here
.

Are investors shorting MicroAlgo?

MicroAlgo saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 540,000 shares, an increase of 278.9% from the March 15th total of 142,500 shares. Based on an average daily trading volume, of 1,150,000 shares, the days-to-cover ratio is presently 0.5 days.
View MicroAlgo's Short Interest
.

When is MicroAlgo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our MLGO earnings forecast
.

When did MicroAlgo's stock split?

MicroAlgo shares reverse split on the morning of Friday, March 22nd 2024. The 1-10 reverse split was announced on Friday, March 22nd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 22nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of MicroAlgo?

Shares of MLGO 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:MLGO) was last updated on 4/24/2024 by MarketBeat.com Staff

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