Mawson Infrastructure Group Inc [MIGI] stock prices are down -7.84% to $0.77 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MIGI shares have gain 54.42% over the last week, with a monthly amount glided 170.91%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Mawson Infrastructure Group Inc [NASDAQ: MIGI] stock has seen the most recent analyst activity on March 30, 2022, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $12.
The stock price of Mawson Infrastructure Group Inc [MIGI] has been fluctuating between $0.28 and $2.33 over the past year. Mawson Infrastructure Group Inc [NASDAQ: MIGI] shares were valued at $0.77 at the most recent close of the market.
Analyzing the MIGI fundamentals
The Mawson Infrastructure Group Inc [NASDAQ:MIGI] reported sales of 50.73M for trailing twelve months, representing a drop of -27.29%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.45%, Pretax Profit Margin comes in at -0.51%, and Net Profit Margin reading is -0.49%. To continue investigating profitability, this company’s Return on Assets is posted at -0.48, Equity is 6.88 and Total Capital is 3.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-3.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7114 points at the first support level, and at 0.6507 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8414, and for the 2nd resistance point, it is at 0.9107.
Ratios To Look Out For
It’s worth pointing out that Mawson Infrastructure Group Inc [NASDAQ:MIGI]’s Current Ratio is 0.32. Further, the Quick Ratio stands at 0.32, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.32.
