Analysts Offer Predictions for MIGI FY2025 Earnings

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) – Equities research analysts at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for shares of Mawson Infrastructure Group in a research report issued on Tuesday, November 26th. HC Wainwright analyst K. Dede forecasts that the company will post earnings of ($0.13) per share 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 Stock Performance

Shares of MIGI stock opened at $2.08 on Wednesday. The stock has a market cap of $38.92 million, a PE ratio of -0.68 and a beta of 3.16. The business has a 50-day simple moving average of $1.52 and a 200-day simple moving average of $1.42. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.09. Mawson Infrastructure Group has a 52-week low of $0.53 and a 52-week high of $4.40.

Insider Activity

In other news, Director Ryan Costello sold 48,395 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $1.25, for a total value of $60,493.75. Following the completion of the transaction, the director now owns 70,000 shares of the company’s stock, valued at $87,500. The trade was a 40.88 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 5.44% of the company’s stock.

Hedge Funds Weigh In On Mawson Infrastructure Group

A number of large investors have recently bought and sold shares of the business. Jane Street Group LLC raised its holdings in Mawson Infrastructure Group by 305.5% in the 3rd quarter. Jane Street Group LLC now owns 67,619 shares of the company’s stock worth $84,000 after purchasing an additional 50,945 shares during the period. Virtu Financial LLC raised its holdings in Mawson Infrastructure Group by 232.3% in the 1st quarter. Virtu Financial LLC now owns 33,984 shares of the company’s stock worth $52,000 after purchasing an additional 23,758 shares during the period. Finally, Regal Partners Ltd acquired a new position in Mawson Infrastructure Group in the 3rd quarter worth about $40,000. Institutional investors and hedge funds own 6.86% of the company’s stock.

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.