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 / Sales1.51
Cash FlowN/A
Price / CashN/A
Book Value$4.08 per share
Price / Book0.03
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-11,020,000.00
Net Margins-226.28%
Return on Equity-115.89%
Return on Assets-82.72%
Miscellaneous
Employees36
Outstanding Shares39,920,000
Market Cap$5.63 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?
Shares of MagneGas 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 stock prior to the reverse split would have 10 shares after the split.
How were MagneGas' earnings last quarter?
MagneGas Co. (NASDAQ:MNGA) announced its earnings results on Tuesday, August, 14th. The oil and gas company reported ($0.23) EPS for the quarter, missing the 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 had a negative net margin of 226.28% and a negative return on equity of 115.89%. View MagneGas' Earnings History.
When is MagneGas' next earnings date?
What price target have analysts set for MNGA?
1 equities research analysts have issued 12 month target prices for MagneGas' shares. Their predictions range from $6.00 to $6.00. On average, they anticipate MagneGas' stock price to reach $6.00 in the next year. This suggests a possible upside of 4,185.7% 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.
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), Brooks Automation (BRKS), Bodycote (BYPLF), 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?
News articles about MNGA stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MagneGas earned a news and rumor sentiment score of 0.18 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. 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 $0.14.
How big of a company is MagneGas?
MagneGas has a market capitalization of $5.63 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.
