NASDAQ:MNGA - Magnegas Applied Tchnlgy Sltns Stock Price, News, & Analysis

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$0.3147 -0.12 (-27.61 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$0.43
Today's Range$0.2880 - $0.4850
52-Week Range$0.13 - $7.14
Volume62.57 million shs
Average Volume5.91 million shs
Market Capitalization$47.31 million
P/E RatioN/A
Dividend YieldN/A
Beta-1.71
MagneGas Applied Technology Solutions, Inc., an alternative energy company, creates and produces hydrogen based fuel through the gasification of liquid and liquid waste in the United States and internationally. The company offers MagneGas2, a hydrogen-based fuel for metal cutting as an alternative to acetylene. It also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2. In addition, the company sells and licenses the plasma arc technology for the processing of liquid waste. It also distributes MagneGas2, as well as other gases and welding supplies through retail locations. The company was formerly known as MagneGas Corporation and changed its name to MagneGas Applied Technology Solutions, Inc. in September 2018. MagneGas Applied Technology Solutions, Inc. was founded in 2007 and is headquartered in Clearwater, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:MNGA
Previous Symbol
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 / Sales11.12
Cash FlowN/A
Price / CashN/A
Book Value$4.08 per share
Price / Book0.08

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 Shares131,060,000
Market Cap$47.31 million
OptionableNot Optionable

Magnegas Applied Tchnlgy Sltns (NASDAQ:MNGA) Frequently Asked Questions

What is Magnegas Applied Tchnlgy Sltns' stock symbol?

Magnegas Applied Tchnlgy Sltns trades on the NASDAQ under the ticker symbol "MNGA."

When did Magnegas Applied Tchnlgy Sltns' stock split? How did Magnegas Applied Tchnlgy Sltns' stock split work?

Shares of Magnegas Applied Tchnlgy Sltns reverse split before market open on 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 Applied Tchnlgy Sltns stock prior to the reverse split would have 10 shares after the split.

How were Magnegas Applied Tchnlgy Sltns' earnings last quarter?

Magnegas Applied Tchnlgy Sltns Inc (NASDAQ:MNGA) posted its quarterly earnings results on Tuesday, August, 14th. The oil and gas company reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.10. The oil and gas company earned $2.91 million during the quarter, compared to the consensus estimate of $1.93 million. Magnegas Applied Tchnlgy Sltns had a negative return on equity of 115.89% and a negative net margin of 226.28%. View Magnegas Applied Tchnlgy Sltns' Earnings History.

When is Magnegas Applied Tchnlgy Sltns' next earnings date?

Magnegas Applied Tchnlgy Sltns is scheduled to release their next quarterly earnings announcement on Wednesday, November 14th 2018. View Earnings Estimates for Magnegas Applied Tchnlgy Sltns.

What price target have analysts set for MNGA?

1 brokers have issued 12 month price targets for Magnegas Applied Tchnlgy Sltns' shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate Magnegas Applied Tchnlgy Sltns' share price to reach $6.00 in the next twelve months. This suggests a possible upside of 1,806.6% from the stock's current price. View Analyst Price Targets for Magnegas Applied Tchnlgy Sltns.

What is the consensus analysts' recommendation for Magnegas Applied Tchnlgy Sltns?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnegas Applied Tchnlgy Sltns 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 Applied Tchnlgy Sltns.

Has Magnegas Applied Tchnlgy Sltns been receiving favorable news coverage?

News coverage about MNGA stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Magnegas Applied Tchnlgy Sltns earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

Are investors shorting Magnegas Applied Tchnlgy Sltns?

Magnegas Applied Tchnlgy Sltns saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,958,543 shares, an increase of 86.7% from the September 28th total of 2,655,223 shares. Based on an average daily trading volume, of 48,287,634 shares, the days-to-cover ratio is currently 0.1 days. Approximately 12.5% of the shares of the stock are short sold. View Magnegas Applied Tchnlgy Sltns' Current Options Chain.

Who are some of Magnegas Applied Tchnlgy Sltns' key competitors?

Who are Magnegas Applied Tchnlgy Sltns' key executives?

Magnegas Applied Tchnlgy Sltns' 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

How do I buy shares of Magnegas Applied Tchnlgy Sltns?

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 Applied Tchnlgy Sltns' stock price today?

One share of MNGA stock can currently be purchased for approximately $0.3147.

How big of a company is Magnegas Applied Tchnlgy Sltns?

Magnegas Applied Tchnlgy Sltns has a market capitalization of $47.31 million and generates $3.71 million in revenue each year. Magnegas Applied Tchnlgy Sltns employs 36 workers across the globe.

What is Magnegas Applied Tchnlgy Sltns' official website?

The official website for Magnegas Applied Tchnlgy Sltns is http://www.magnegas.com.

How can I contact Magnegas Applied Tchnlgy Sltns?

Magnegas Applied Tchnlgy Sltns' 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 Applied Tchnlgy Sltns (NASDAQ MNGA)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  395
MarketBeat's community ratings are surveys of what our community members think about Magnegas Applied Tchnlgy Sltns 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.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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