FY2025 Earnings Estimate for MIGI Issued By HC Wainwright

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) – Research analysts at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for shares of Mawson Infrastructure Group in a report released on Tuesday, November 26th. HC Wainwright analyst K. Dede forecasts that the company will post earnings per share of ($0.13) for the year. HC Wainwright currently has a “Neutral” rating on the stock. The consensus estimate for Mawson Infrastructure Group’s current full-year earnings is ($1.60) per share.

Mawson Infrastructure Group Trading Up 21.6 %

Shares of NASDAQ:MIGI opened at $2.08 on Wednesday. Mawson Infrastructure Group has a 12-month low of $0.53 and a 12-month high of $4.40. The business’s fifty day simple moving average is $1.52 and its 200-day simple moving average is $1.42. The company has a market capitalization of $38.92 million, a PE ratio of -0.68 and a beta of 3.16. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.09.

Insider Activity

In related news, Director Ryan Costello sold 48,395 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $1.25, for a total transaction of $60,493.75. Following the transaction, the director now directly owns 70,000 shares in the company, valued at $87,500. The trade was a 40.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC grew its stake in Mawson Infrastructure Group by 232.3% during the 1st quarter. Virtu Financial LLC now owns 33,984 shares of the company’s stock worth $52,000 after buying an additional 23,758 shares during the last quarter. Regal Partners Ltd purchased a new position in Mawson Infrastructure Group during the 3rd quarter worth $40,000. Finally, Jane Street Group LLC grew its stake in Mawson Infrastructure Group by 305.5% during the 3rd quarter. Jane Street Group LLC now owns 67,619 shares of the company’s stock worth $84,000 after buying an additional 50,945 shares during the last quarter. 6.86% of the stock is currently owned by hedge funds and other institutional investors.

About Mawson Infrastructure Group

Mawson Infrastructure Group Inc develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities.