MagneGas Corporation Company Profile (NASDAQ:MNGA)

About MagneGas Corporation

MagneGas Corporation logoMagneGas Corporation is an alternative energy company. The Company creates and produces hydrogen-based alternative fuel through the gasification of carbon-rich liquids, including certain liquids and liquid wastes. The Company is also developing the use of fuel for co-combustion with hydrocarbon fuels to reduce emissions. The Company also markets, for sale or licensure, its plasma arc technology for the processing of liquid waste (the Plasma Arc Flow System). Its products include the fuel called MagneGas2 for the metal working industry, the equipment primarily known in the firefighting industry, known as MagneTote, and the machines that produce MagneGas2, known as Plasma Arc Flow refineries. In addition, the Company sells metal cutting fuels and ancillary products through its subsidiary, Equipment Sales and Service, Inc. (ESSI), a Florida corporation. It distributes products through several industrial gas companies in California, Michigan, Florida, Georgia, Indiana, and Pennsylvania.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MNGA
  • CUSIP:
Key Metrics:
  • Previous Close: $0.48
  • 50 Day Moving Average: $0.506
  • 200 Day Moving Average: $0.568
  • 52-Week Range: $0.40 - $1.36
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.96
  • P/E Growth: 0.000
  • Market Cap: $25.65M
  • Outstanding Shares: 52,139,000
  • Beta: -0.24
Profitability:
  • Net Margins: -417.93%
  • Return on Equity: -99.78%
  • Return on Assets: -70.24%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 0.74%
  • Quick Ratio: 0.36%
Additional Links:
Companies Related to MagneGas Corporation:

Analyst Ratings

Consensus Ratings for MagneGas Corporation (NASDAQ:MNGA) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $3.00 (531.58% upside)

Analysts' Ratings History for MagneGas Corporation (NASDAQ:MNGA)
Show:
DateFirmActionRatingPrice TargetDetails
1/7/2017Rodman & RenshawReiterated RatingBuy$3.00View Rating Details
4/13/2016HC WainwrightReiterated RatingBuyView Rating Details
(Data available from 3/1/2015 forward)

Earnings

Earnings History for MagneGas Corporation (NASDAQ:MNGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/21/2017        
11/14/2016Q3 2016($0.05)($0.08)$1.00 millionViewN/AView Earnings Details
5/16/2016Q1($0.06)($0.04)ViewN/AView Earnings Details
11/11/2015Q315($0.05)ViewN/AView Earnings Details
8/10/2015Q215($0.01)($0.05)ViewListenView Earnings Details
5/13/2015Q115($0.06)$191.60 million$545.65 millionViewN/AView Earnings Details
11/10/2014Q314($0.06)$125.40 million$146.40 millionViewN/AView Earnings Details
5/12/2014Q114($0.05)$0.13 million$0.19 millionViewN/AView Earnings Details
8/14/2013Q2 2013($0.07)$188.97 million$133.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MagneGas Corporation (NASDAQ:MNGA)
Current Year EPS Consensus Estimate: $-0.260 EPS
Next Year EPS Consensus Estimate: $-0.120 EPS

Dividends

Dividend History for MagneGas Corporation (NASDAQ:MNGA)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for MagneGas Corporation (NASDAQ:MNGA)
Insider Ownership Percentage: 13.50%
Institutional Ownership Percentage: 3.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/1/2017Carla SantilliDirectorSell34,000$0.54$18,360.00View SEC Filing  
12/31/2016Carla SantilliDirectorSell20,000$1.64$32,800.00View SEC Filing  
12/29/2016Carla SantilliDirectorSell25,000$1.64$41,000.00View SEC Filing  
12/28/2016Carla SantilliDirectorSell10,000$1.66$16,600.00View SEC Filing  
12/20/2016Joe C StoneDirectorBuy42,000$0.48$20,160.00View SEC Filing  
12/15/2016Christopher HuntingtonDirectorBuy20,000$0.44$8,800.00View SEC Filing  
12/7/2016Robert L DingessDirectorBuy20,500$0.49$10,045.00View SEC Filing  
12/6/2016William W Staunton IIIDirectorBuy41,119$0.48$19,737.12View SEC Filing  
12/1/2016Robert L DingessDirectorBuy22,000$0.46$10,120.00View SEC Filing  
11/28/2016Ermanno SantilliCEOBuy31,650$0.47$14,875.50View SEC Filing  
10/21/2016Carla SantilliDirectorSell37,011$0.79$29,238.69View SEC Filing  
10/19/2016Carla SantilliDirectorSell60,000$0.69$41,400.00View SEC Filing  
9/22/2016Carla SantilliDirectorSell166,780$0.69$115,078.20View SEC Filing  
9/12/2016Carla SantilliCEOSell26,330$0.63$16,587.90View SEC Filing  
9/8/2016Carla SantilliDirectorSell38,000$0.63$23,940.00View SEC Filing  
8/22/2016Carla SantilliDirectorSell59,900$0.61$36,539.00View SEC Filing  
8/17/2016Carla SantilliDirectorSell125,231$0.62$77,643.22View SEC Filing  
8/16/2016Carla SantilliDirectorSell20,100$0.61$12,261.00View SEC Filing  
8/15/2016Carla SantilliDirectorSell85,131$0.63$53,632.53View SEC Filing  
5/10/2016Carla SantilliDirectorSell22,900$1.02$23,358.00View SEC Filing  
5/3/2016Carla SantilliDirectorSell26,267$1.03$27,055.01View SEC Filing  
4/25/2016Carla SantilliDirectorSell47,316$1.06$50,154.96View SEC Filing  
4/21/2016Carla SantilliDirectorSell50,100$1.07$53,607.00View SEC Filing  
4/15/2016Carla SantilliDirectorSell50,000$1.09$54,500.00View SEC Filing  
4/8/2016Carla SantilliDirectorSell57,760$1.03$59,492.80View SEC Filing  
1/28/2016Carla SantilliDirectorSell119,885$1.22$146,259.70View SEC Filing  
1/28/2016Luisa IngargiolaCFOSell103,426$1.25$129,282.50View SEC Filing  
1/20/2016Carla SantilliDirectorSell35,115$1.23$43,191.45View SEC Filing  
1/14/2016Carla SantilliDirectorSell50,000$1.37$68,500.00View SEC Filing  
1/12/2016Carla SantilliDirectorSell155,000$1.57$243,350.00View SEC Filing  
1/7/2016Carla SantilliDirectorSell25,000$1.61$40,250.00View SEC Filing  
1/6/2016Carla SantilliDirectorSell25,000$1.57$39,250.00View SEC Filing  
1/5/2016Carla SantilliDirectorSell25,000$1.58$39,500.00View SEC Filing  
7/10/2015Carla SantilliDirectorSell10,000$1.10$11,000.00View SEC Filing  
7/9/2015Carla SantilliDirectorSell10,000$1.08$10,800.00View SEC Filing  
4/14/2015Christopher HuntingtonDirectorSell1,000$0.78$780.00View SEC Filing  
4/10/2015Carla SantilliDirectorSell39,895$0.79$31,517.05View SEC Filing  
4/7/2015Carla SantilliDirectorSell10,000$0.79$7,900.00View SEC Filing  
4/6/2015Carla SantilliDirectorSell21,100$0.79$16,669.00View SEC Filing  
3/27/2015Carla SantilliDirectorSell30,000$0.81$24,300.00View SEC Filing  
4/9/2013Ermanno SantilliCEOBuy2,400$0.98$2,352.00View SEC Filing  
11/19/2012Luisa IngargiolaCFOBuy5,000$1.97$9,850.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for MagneGas Corporation (NASDAQ:MNGA)
DateHeadline
News IconMagneGas Corp. (MNGA) Director Joe C. Stone Buys 42000 Shares - Petro Global News 24 (NASDAQ:MNGA)
petroglobalnews24.com - February 26 at 7:01 AM
News IconWatching the Technicals: MagneGas Corp (MNGA) - The Standard (NASDAQ:MNGA)
6milestandard.com - February 25 at 8:09 AM
News IconMarket View: Checking on the Technicals for MagneGas Corporation (NASDAQ:MNGA) - Baldwin Journal (NASDAQ:MNGA)
baldwinjournal.com - February 25 at 8:09 AM
News IconStock Trading Focus for MagneGas Corporation (NASDAQ:MNGA) - Midway Monitor (NASDAQ:MNGA)
midwaymonitor.com - February 22 at 8:25 AM
News IconABR Of MagneGas Corporation (NASDAQ:MNGA) Stock At 1 - Stock Observer (NASDAQ:MNGA)
www.thestockobserver.com - February 17 at 3:34 PM
News IconMagneGas2 picked as fuel for metal cutting, accident repairs on Long Island Railroad (NASDAQ:MNGA)
gsnmagazine.com - February 16 at 6:10 PM
News IconInvestor Sphere: Keeping an Eye on Levels for Magnegas ... - Rives Journal (NASDAQ:MNGA)
rivesjournal.com - February 15 at 1:11 AM
finance.yahoo.com logoMagneGas2® Selected for Long Island Railroad Brooklyn Accident Repairs (NASDAQ:MNGA)
finance.yahoo.com - February 14 at 8:09 PM
investopedia.com logoMagneGas Stock Could Move Upward Soon (MNGA) - Investopedia (NASDAQ:MNGA)
www.investopedia.com - February 13 at 7:43 PM
investopedia.com logoMagneGas Base Looking Positive (NASDAQ:MNGA)
www.investopedia.com - February 13 at 7:43 PM
News IconA look at MagneGas Corporation (MNGA)'s track record of earnings - Post Analyst (NASDAQ:MNGA)
postanalyst.com - February 13 at 10:15 AM
News IconTrading Scope: Checking the Levels for Magnegas Corporation (MNGA) - Davidson Register (NASDAQ:MNGA)
davidsonregister.com - February 10 at 7:28 PM
finance.yahoo.com logoMagneGas Selected to Present at CleanEquity Monaco 2017 - The 10th Anniversary - Hosted by Innovator Capital (NASDAQ:MNGA)
finance.yahoo.com - February 6 at 9:50 AM
News IconCCI Focus on Shares of Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - February 4 at 12:20 AM
News IconTechnical Trading: Focus on Shares of Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - February 3 at 5:28 AM
finance.yahoo.com logoMagneGas Engages the Ashcroft Law Firm, LLC (NASDAQ:MNGA)
finance.yahoo.com - February 2 at 7:25 PM
finance.yahoo.com logo7:41 am Magnegas has engaged The Ashcroft Law Firm 'to investigate potential misconduct by third-parties that could involve illegal short-selling and manipulation' of its stock (NASDAQ:MNGA)
finance.yahoo.com - February 2 at 7:25 PM
News IconTechnical Study: Following Indicators for Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - February 1 at 7:26 PM
News IconIs Now the Time to Capitalize on MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - February 1 at 7:26 PM
finance.yahoo.com logoPurcell Julie & Lefkowitz LLP Is Investigating MagneGas Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors (NASDAQ:MNGA)
finance.yahoo.com - February 1 at 7:26 PM
News IconTechnical Focus: Williams %R, ADX, and CCI Levels for Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - February 1 at 12:33 AM
News IconIs the Needle Ready to Move on MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - February 1 at 12:33 AM
News IconHoning in on Shares of MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - February 1 at 12:33 AM
finance.yahoo.com logoMagneGas Plans Additional Expansion in Florida (NASDAQ:MNGA)
finance.yahoo.com - January 31 at 7:30 PM
News IconNewsworthy Wonder Stock: Penny Stock Investors Looking at MagneGas Corporation (NASDAQ:MNGA) - Nelson Research (NASDAQ:MNGA)
nelsonobserver.com - January 29 at 7:05 PM
News IconRange Watch on Technical Indicators for Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - January 26 at 9:45 PM
News IconFocus on RSI and CCI Levels: Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - January 26 at 1:02 AM
seekingalpha.com logoMagneGas expands into Indiana market (NASDAQ:MNGA)
seekingalpha.com - January 24 at 7:20 PM
finance.yahoo.com logoMagneGas Expands Into Indiana Market to Support Growing Market Demand for MagneGas 2® (NASDAQ:MNGA)
finance.yahoo.com - January 24 at 7:20 PM
News IconStock ABR MagneGas Corporation (NASDAQ:MNGA) At 1 | Stock ... - Stock Observer (NASDAQ:MNGA)
www.thestockobserver.com - January 21 at 12:22 AM
4-traders.com logoNetworkNewsBreaks – MagneGas Corporation (NASDAQ: MNGA) Creates New Revenue Streams in Florida’s Leisure Markets with Commercial Sale of CO2 (NASDAQ:MNGA)
www.4-traders.com - January 20 at 7:21 PM
News IconSorting Out the Technicals on Shares of Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - January 19 at 8:49 PM
News IconMagneGas Corporation expands into commercial CO2 market (NASDAQ:MNGA)
www.gasworld.com - January 19 at 5:12 AM
finance.yahoo.com logoMagneGas Expands Into Commercial CO2 Market (NASDAQ:MNGA)
finance.yahoo.com - January 18 at 7:06 PM
News IconPlacing the Bulls-Eye Focus on MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - January 17 at 11:56 PM
News IconTechnical Tracker: Watching Shares of Magnegas Corporation (MNGA) - Sherwood Daily (NASDAQ:MNGA)
sherwooddaily.com - January 17 at 11:45 AM
News IconAnalysts Projecting Upside, Can This Stock Surge Higher: MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - January 17 at 11:45 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: MagneGas Corporation (NASDAQ:MNGA) - Wall Street Beacon (NASDAQ:MNGA)
wsbeacon.com - January 14 at 6:41 PM
investopedia.com logoMagneGas Distribution Deal Could Boost Revenues (NASDAQ:MNGA)
www.investopedia.com - January 14 at 6:40 PM
News IconCurious Trading Activity Sighted in Shares of MagneGas Corporation (NASDAQ:MNGA) - Wall Street Beacon (NASDAQ:MNGA)
wsbeacon.com - January 14 at 12:57 AM
News IconAre Investors Shying Away from MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - January 13 at 12:16 AM
finance.yahoo.com logoMagneGas Receives Final Progress Payment from Gasification System Sale to Gulf Coast Industrial Gas Company (NASDAQ:MNGA)
finance.yahoo.com - January 12 at 7:06 PM
News IconInvestors Keen on a Bargain are Looking at MagneGas Corporation (NASDAQ:MNGA) - Prospect Journal (NASDAQ:MNGA)
prospectjournal.com - January 12 at 5:14 AM
streetinsider.com logoMagneGas (MNGA) Reports Prelim. FY16 Revenue of $3.35M (NASDAQ:MNGA)
www.streetinsider.com - January 10 at 7:28 PM
finance.yahoo.com logoMagneGas Preliminary 2016 Annual Revenue $3.35 Million (NASDAQ:MNGA)
finance.yahoo.com - January 10 at 7:28 PM
biz.yahoo.com logoMAGNEGAS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial (NASDAQ:MNGA)
biz.yahoo.com - January 10 at 7:28 PM
marketexclusive.com logoMAGNEGAS CORPORATION (NASDAQ:MNGA) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NASDAQ:MNGA)
marketexclusive.com - January 7 at 9:15 PM
prnewswire.com logoGlobal Renewable Fuels Industry Poised For Significant Growth In 2017 (NASDAQ:MNGA)
www.prnewswire.com - January 6 at 1:00 AM
streetinsider.com logoMagneGas (MNGA) Announces $2.65M Sale to German Company (NASDAQ:MNGA)
www.streetinsider.com - January 6 at 1:00 AM
streetinsider.com logoMagneGas (MNGA) Announces $2.65M Sale to German Company - StreetInsider.com (NASDAQ:MNGA)
www.streetinsider.com - January 5 at 8:00 PM

Social

What is MagneGas Corporation's stock symbol?

MagneGas Corporation trades on the NASDAQ under the ticker symbol "MNGA."

Where is MagneGas Corporation's stock going? Where will MagneGas Corporation's stock price be in 2017?

2 analysts have issued 12 month price targets for MagneGas Corporation's shares. Their predictions range from $3.00 to $3.00. On average, they expect MagneGas Corporation's share price to reach $3.00 in the next twelve months.

When will MagneGas Corporation announce their earnings?

MagneGas Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, March, 21st 2017.

How do I buy MagneGas Corporation stock?

Shares of MagneGas Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MagneGas Corporation stock cost?

One share of MagneGas Corporation stock can currently be purchased for approximately $0.48.

MagneGas Corporation (NASDAQ:MNGA) Chart for Wednesday, March, 1, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for MagneGas Corporation (NASDAQ:MNGA)

Earnings History Chart

Earnings by Quarter for MagneGas Corporation (NASDAQ:MNGA)

Dividend History Chart

Dividend Payments by Quarter for MagneGas Corporation (NASDAQ:MNGA)

Last Updated on 3/1/2017 by MarketBeat.com Staff