What is HC Wainwright’s Forecast for MIGI FY2025 Earnings?

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) – Analysts at HC Wainwright issued their FY2025 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 earn ($0.13) per share for the year. HC Wainwright 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 Down 0.6 %

Mawson Infrastructure Group stock opened at $1.71 on Wednesday. Mawson Infrastructure Group has a fifty-two week low of $0.53 and a fifty-two week high of $4.40. The firm’s fifty day moving average price is $1.51 and its 200-day moving average price is $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.

Hedge Funds Weigh In On Mawson Infrastructure Group

A number of institutional investors have recently made changes to their positions in the stock. Regal Partners Ltd bought a new stake in shares of Mawson Infrastructure Group during the 3rd quarter worth $40,000. Virtu Financial LLC raised its position in Mawson Infrastructure Group by 232.3% during the first quarter. Virtu Financial LLC now owns 33,984 shares of the company’s stock valued at $52,000 after purchasing an additional 23,758 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Mawson Infrastructure Group by 305.5% during the third 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 last quarter. Institutional investors own 6.86% of the company’s stock.

Insider Buying and Selling

In related news, Director Ryan Costello sold 48,395 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $1.25, for a total value of $60,493.75. Following the sale, the director now directly owns 70,000 shares of the company’s stock, valued at $87,500. This trade represents a 40.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 5.44% of the stock is owned by company insiders.

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.