MagneGas Company Profile (NASDAQ:MNGA)

About MagneGas (NASDAQ:MNGA)

MagneGas 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:
  • Industry: Major Integrated Oil & Gas
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MNGA
  • CUSIP: N/A
  • Web: www.magnegas.com
Capitalization:
  • Market Cap: $11.14 million
  • Outstanding Shares: 5,959,000
Average Prices:
  • 50 Day Moving Avg: $2.79
  • 200 Day Moving Avg: $4.37
  • 52 Week Range: $1.24 - $9.20
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -15.58
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $3.76 million
  • Price / Sales: 2.96
  • Book Value: $0.50 per share
  • Price / Book: 3.74
Profitability:
  • EBIDTA: ($9,550,000.00)
  • 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%
Misc:
  • Average Volume: 72,328 shs.
  • Beta: -0.24
  • Short Ratio: 12.3
 

Frequently Asked Questions for MagneGas (NASDAQ:MNGA)

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?

Shares of MagneGas 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 closing bell 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 results on Monday, May, 15th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business earned $0.87 million during the quarter. MagneGas had a negative net margin of 417.93% and a negative return on equity of 99.78%. View MagneGas' Earnings History.

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

2 brokers have issued 1-year price targets for MagneGas' stock. Their forecasts range from $30.00 to $30.00. On average, they expect MagneGas' stock price to reach $30.00 in the next twelve months. View Analyst Ratings for MagneGas.

Who are some of MagneGas' key competitors?

Who are MagneGas' key executives?

MagneGas' management team includes the folowing people:

  • Robert L. Dingess, Independent Interim Chairman of the Board
  • Ermanno P. Santilli, Chief Executive Officer, Director
  • Scott Mahoney, Chief Financial Officer, Secretary
  • Luisa Ingargiola, Director
  • Carla Santilli, Director
  • Christopher B. Huntington, Independent Director
  • Kevin A. Pollack, Independent Director
  • William W. Staunton III, Independent Director

Who owns MagneGas stock?

MagneGas' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.07%). Company insiders that own MagneGas stock include Carla Santilli, Christopher Huntington, Ermanno Santilli, Joe C Stone, Luisa Ingargiola, Robert L Dingess and William W Staunton III. View Institutional Ownership Trends for MagneGas.

Who bought MagneGas stock? Who is buying MagneGas stock?

MagneGas' stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. Company insiders that have bought MagneGas stock in the last two years include Christopher Huntington, Ermanno Santilli, Joe C Stone, Robert L Dingess and William W Staunton III. View Insider Buying and Selling for MagneGas.

How do I buy MagneGas stock?

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

What is MagneGas' stock price today?

One share of MagneGas stock can currently be purchased for approximately $1.87.


MarketBeat Community Rating for MagneGas (NASDAQ MNGA)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  21 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  60
MarketBeat's community ratings are surveys of what our community members think about MagneGas and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MagneGas (NASDAQ:MNGA) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $30.00 (1,504.28% upside)

Analysts' Ratings History for MagneGas (NASDAQ:MNGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017ValuEngineUpgradeSell -> HoldLowView Rating Details
1/7/2017Rodman & RenshawReiterated RatingBuy$30.00N/AView Rating Details
4/13/2016HC WainwrightReiterated RatingBuyN/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for MagneGas (NASDAQ:MNGA)
Earnings by Quarter for MagneGas (NASDAQ:MNGA)
Earnings History by Quarter for MagneGas (NASDAQ MNGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/2017Q1 2017($0.30)$0.87 millionViewN/AView Earnings Details
11/14/2016Q3 2016($0.50)($0.80)$0.76 million$1.04 millionViewN/AView Earnings Details
5/16/2016Q1($0.60)($0.40)$0.70 million$0.67 millionViewN/AView Earnings Details
11/10/2015Q315($0.50)$0.62 millionViewN/AView Earnings Details
8/10/2015Q215($0.10)($0.50)$0.58 millionViewListenView Earnings Details
5/13/2015Q115($0.60)$191.60 million$545.65 millionViewN/AView Earnings Details
11/10/2014Q314($0.60)$125.40 million$146.40 millionViewN/AView Earnings Details
5/12/2014Q114($0.50)$0.13 million$0.19 millionViewN/AView Earnings Details
8/14/2013Q2 2013($0.70)$188.97 million$133.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MagneGas (NASDAQ:MNGA)
Current Year EPS Consensus Estimate: $-1.20 EPS
Next Year EPS Consensus Estimate: $-0.12 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for MagneGas (NASDAQ:MNGA)
Insider Ownership Percentage: 13.50%
Institutional Ownership Percentage: 3.42%
Insider Trades by Quarter for MagneGas (NASDAQ:MNGA)
Insider Trades by Quarter for MagneGas (NASDAQ:MNGA)
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

Headline Trends for MagneGas (NASDAQ:MNGA)
Latest Headlines for MagneGas (NASDAQ:MNGA)
Source:
DateHeadline
finance.yahoo.com logoMagneGas Updates Client Growth Success
finance.yahoo.com - May 26 at 7:24 PM
finance.yahoo.com logoETFs with exposure to MagneGas Corp. : May 25, 2017
finance.yahoo.com - May 26 at 4:14 AM
finance.yahoo.com logoMagneGas Announces New Feedstock Improvements Resulting in Approximately a 60% Production Rate Increase and a Cost Reduction of Approximately 49%
finance.yahoo.com - May 24 at 10:40 AM
finance.yahoo.com logoMagneGas Corp. :MNGA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 24 at 10:40 AM
americanbankingnews.com logoMagneGas Co. (MNGA) Upgraded to Hold by ValuEngine
www.americanbankingnews.com - May 23 at 3:08 PM
finance.yahoo.com logoMagneGas Updates Florida Expansion Success
finance.yahoo.com - May 22 at 10:06 AM
streetinsider.com logoMagneGas (MNGA) Says 1-for-10 Reverse Stock Split Will Be Effective as of 5:00 p.m. ET - StreetInsider.com
www.streetinsider.com - May 20 at 11:16 PM
finance.yahoo.com logoMagneGas Announces Reverse Stock Split
finance.yahoo.com - May 19 at 7:01 PM
seekingalpha.com logoMagneGas' (MNGA) CEO Ermanno Santilli on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 16 at 6:23 PM
americanbankingnews.com logoMagneGas Co. (MNGA) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 16 at 5:28 PM
finance.yahoo.com logoMagneGas Reports 31% Increase in Revenue for the First Quarter of 2017
finance.yahoo.com - May 15 at 10:23 AM
streetinsider.com logoMagneGas (MNGA) $1M Bridge Financing, Warrant Exchange - StreetInsider.com
www.streetinsider.com - May 10 at 6:41 PM
finance.yahoo.com logoMagneGas Announces $1 Million Bridge Financing and Warrant Exchange to Improve Capitalization Structure
finance.yahoo.com - May 10 at 12:20 PM
americanbankingnews.com logoMagneGas (MNGA) Given Daily News Impact Score of 0.17
www.americanbankingnews.com - May 4 at 11:17 AM
finance.yahoo.com logoETFs with exposure to MagneGas Corp. : May 1, 2017
finance.yahoo.com - May 1 at 5:36 PM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Affect MagneGas (MNGA) Stock Price
www.americanbankingnews.com - April 29 at 11:59 AM
finance.yahoo.com logoMagneGas Invited to Present at Two Distributor Trade Shows - Yahoo Finance
finance.yahoo.com - April 29 at 12:33 AM
finance.yahoo.com logoMagneGas Invited to Present at Two Distributor Trade Shows
finance.yahoo.com - April 28 at 9:13 AM
finance.yahoo.com logoMagneGas C.F.O. Interviewed by Cheddar On Demand Video News Network - Yahoo Finance
finance.yahoo.com - April 27 at 7:09 PM
finance.yahoo.com logoMagneGas C.F.O. Interviewed by Cheddar On Demand Video News Network
finance.yahoo.com - April 27 at 7:09 PM
americanbankingnews.com logoMagneGas (MNGA) Getting Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 22 at 8:06 AM
finance.yahoo.com logoMagneGas Appoints Jack Armstrong as President of MagneGas Welding Supply, LLC - Yahoo Finance
finance.yahoo.com - April 21 at 6:27 PM
finance.yahoo.com logoMagneGas Appoints Jack Armstrong as President of MagneGas Welding Supply, LLC
finance.yahoo.com - April 21 at 9:54 AM
prnewswire.com logoMagneGas Announces the Formation of MagneGas Welding Supply, LLC - PR Newswire (press release)
www.prnewswire.com - April 20 at 6:39 PM
finance.yahoo.com logoETFs with exposure to MagneGas Corp. : April 19, 2017
finance.yahoo.com - April 19 at 6:40 PM
finance.yahoo.com logoMagneGas Announces the Formation of MagneGas Welding Supply, LLC - Yahoo Finance
finance.yahoo.com - April 18 at 5:59 PM
finance.yahoo.com logoMagneGas Announces the Formation of MagneGas Welding Supply, LLC
finance.yahoo.com - April 18 at 10:22 AM
americanbankingnews.com logoMagneGas (MNGA) Earns Daily Media Sentiment Score of 0.22
www.americanbankingnews.com - April 13 at 8:38 PM
prnewswire.com logoMagneGas Chosen to Provide Gases and Welding Supplies for the Orlando City Soccer Stadium - PR Newswire (press release)
www.prnewswire.com - April 12 at 6:55 AM
finance.yahoo.com logoMagneGas Chosen to Provide Gases and Welding Supplies for the Orlando City Soccer Stadium
finance.yahoo.com - April 10 at 10:25 AM
finance.yahoo.com logoETFs with exposure to MagneGas Corp. : April 7, 2017
finance.yahoo.com - April 7 at 7:03 PM
finance.yahoo.com logoMagneGas Corp. :MNGA-US: Earnings Analysis: Q4, 2016 By the Numbers : April 5, 2017
finance.yahoo.com - April 7 at 11:15 AM
seekingalpha.com logoMagneGas' (MNGA) CEO Ermanno Santilli on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 3 at 10:54 PM
finance.yahoo.com logoMagneGas Reports 50% Increase in Revenue for the Fourth Quarter of 2016
finance.yahoo.com - April 3 at 10:13 AM
finance.yahoo.com logoMagneGas Schedules 2016 Year-End Earnings Conference Call
finance.yahoo.com - March 31 at 6:42 PM
biz.yahoo.com logoMAGNEGAS CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 31 at 6:42 PM
baystreet.ca logoBlog Coverage Chevron Sells SA Assets to Sinopec; Redefines Growth Strategy - Baystreet.ca
www.baystreet.ca - March 24 at 8:08 AM
finance.yahoo.com logoBlog Coverage Chevron Sells SA Assets to Sinopec; Redefines ... - Yahoo Finance
finance.yahoo.com - March 23 at 7:07 PM
finance.yahoo.com logoMagneGas Gasification System Begins Operation at Gulf Coast Industrial Gas Company
finance.yahoo.com - March 8 at 10:01 AM
finance.yahoo.com logoMagneGas2® Selected for Long Island Railroad Brooklyn Accident Repairs
finance.yahoo.com - February 14 at 8:09 PM
investopedia.com logoMagneGas Stock Could Move Upward Soon (MNGA) - Investopedia
www.investopedia.com - February 13 at 7:43 PM
investopedia.com logoMagneGas Base Looking Positive
www.investopedia.com - February 13 at 7:43 PM
finance.yahoo.com logoMagneGas Selected to Present at CleanEquity Monaco 2017 - The 10th Anniversary - Hosted by Innovator Capital
finance.yahoo.com - February 6 at 9:50 AM
finance.yahoo.com logoMagneGas Engages the Ashcroft Law Firm, LLC
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
finance.yahoo.com - February 2 at 7:25 PM
finance.yahoo.com logoPurcell Julie & Lefkowitz LLP Is Investigating MagneGas Corporation for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - February 1 at 7:26 PM
finance.yahoo.com logoMagneGas Plans Additional Expansion in Florida
finance.yahoo.com - January 31 at 7:30 PM
seekingalpha.com logoMagneGas expands into Indiana market
seekingalpha.com - January 24 at 7:20 PM
finance.yahoo.com logoMagneGas Expands Into Indiana Market to Support Growing Market Demand for MagneGas 2®
finance.yahoo.com - January 24 at 7:20 PM
finance.yahoo.com logoMagneGas Expands Into Commercial CO2 Market
finance.yahoo.com - January 18 at 7:06 PM

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Chart

MagneGas (MNGA) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff