MagneGas Corporation, an alternative energy company, creates and produces hydrogen based fuel through the gasification of liquid and liquid waste in the United States and internationally. It offers MagneGas2, a hydrogen-based fuel for metal cutting as an alternative to acetylene. The company also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2. In addition, it sells and licenses the plasma arc technology for the processing of liquid waste. The company also distributes MagneGas2, as well as other gases and welding supplies through retail locations. MagneGas Corporation was founded in 2007 and is headquartered in Clearwater, Florida.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:MNGA
CUSIPN/A
Phone727-934-3448
Debt
Debt-to-Equity Ratio0.06
Current Ratio1.36
Quick Ratio0.79
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.71 million
Price / Sales1.13
Cash FlowN/A
Price / CashN/A
Book Value$4.08 per share
Price / Book0.05
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-11,020,000.00
Net Margins-226.28%
Return on Equity-115.89%
Return on Assets-82.72%
Miscellaneous
Employees36
Outstanding Shares18,920,000
Market Cap$4.33 million
MagneGas (NASDAQ:MNGA) Frequently Asked Questions
What is MagneGas' stock symbol?
MagneGas trades on the NASDAQ under the ticker symbol "MNGA."
When did MagneGas' stock split? How did MagneGas' stock split work?
MagneGas's stock reverse split on the morning of Monday, May 22nd 2017. The 1-10 reverse split was announced on Friday, May 19th 2017. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 19th 2017. An investor that had 100 shares of MagneGas stock prior to the reverse split would have 10 shares after the split.
How were MagneGas' earnings last quarter?
MagneGas Co. (NASDAQ:MNGA) released its quarterly earnings data on Tuesday, August, 14th. The oil and gas company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.10. The oil and gas company had revenue of $2.91 million for the quarter, compared to analyst estimates of $1.93 million. MagneGas had a negative return on equity of 115.89% and a negative net margin of 226.28%. View MagneGas' Earnings History.
When is MagneGas' next earnings date?
What price target have analysts set for MNGA?
1 brokers have issued twelve-month price targets for MagneGas' shares. Their predictions range from $6.00 to $6.00. On average, they expect MagneGas' stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 2,512.1% from the stock's current price. View Analyst Price Targets for MagneGas.
What is the consensus analysts' recommendation for MagneGas?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MagneGas in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MagneGas.
Are investors shorting MagneGas?
MagneGas saw a increase in short interest in July. As of July 13th, there was short interest totalling 1,883,076 shares, an increase of 721.3% from the June 29th total of 229,266 shares. Based on an average daily trading volume, of 5,132,182 shares, the days-to-cover ratio is currently 0.4 days. Approximately 12.2% of the company's shares are sold short. View MagneGas' Current Options Chain.
Who are some of MagneGas' key competitors?
Some companies that are related to MagneGas include ASML (ASML), Lam Research (LRCX), WARTSILA OYJ/ADR (WRTBY), IHI Corp/ADR (IHICY), SUMITOMO HEAVY/ADR (SOHVY), ASM International (ASMIY), Bodycote (BYPLF), Brooks Automation (BRKS), Milacron (MCRN), Axcelis Technologies (ACLS), Veeco Instruments (VECO), Energy Recovery (ERII), Manitex International (MNTX), ACM Research (ACMR) and Intevac (IVAC).
Who are MagneGas' key executives?
MagneGas' management team includes the folowing people:
- Mr. Ermanno P. Santilli, CEO, Pres & Director (Age 49)
- Mr. Scott Mahoney, CFO, Sec. & Director (Age 43)
- Ms. Luisa Ingargiola, Exec. VP of Capital Markets & Capital Markets Advisor (Age 51)
- Mr. Jack Armstrong, Exec. VP of Strategic Alliances
- Mr. Richard Conz, VP of Engineering
Has MagneGas been receiving favorable news coverage?
Headlines about MNGA stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MagneGas earned a news impact score of 0.15 on Accern's scale. They also assigned press coverage about the oil and gas company an impact score of 45.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for MagneGas.
How do I buy shares of MagneGas?
Shares of MNGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MagneGas' stock price today?
One share of MNGA stock can currently be purchased for approximately $0.2297.
How big of a company is MagneGas?
MagneGas has a market capitalization of $4.33 million and generates $3.71 million in revenue each year. MagneGas employs 36 workers across the globe.
How can I contact MagneGas?
MagneGas' mailing address is 11885 44 TH STREET NORTH, CLEARWATER FL, 33762. The oil and gas company can be reached via phone at 727-934-3448 or via email at [email protected]
MarketBeat Community Rating for MagneGas (NASDAQ MNGA)
MarketBeat's community ratings are surveys of what our community members think about MagneGas and other stocks. Vote "Outperform" if you believe MNGA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNGA will underperform the S&P 500 over the long term. You may vote once every thirty days.
