Kyle Danges Acquires 3,000 Shares of Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Kyle Danges purchased 3,000 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was acquired at an average cost of $6.93 per share, with a total value of $20,790.00. Following the completion of the acquisition, the director directly owned 3,000 shares in the company, valued at $20,790. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Big Digital Energy, Inc. Common Stock Stock Performance

Shares of NASDAQ:BGDE opened at $7.40 on Friday. Big Digital Energy, Inc. Common Stock has a one year low of $1.70 and a one year high of $40.00. The stock has a fifty day moving average of $5.87 and a 200-day moving average of $4.52. The company has a market capitalization of $40.85 million, a PE ratio of -0.59 and a beta of 5.06.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($12.11) EPS for the quarter, missing analysts’ consensus estimates of ($10.40) by ($1.71). The firm had revenue of $3.23 million during the quarter, compared to the consensus estimate of $5.30 million.

Wall Street Analysts Forecast Growth

BGDE has been the subject of a number of recent research reports. Wall Street Zen downgraded Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Monday, May 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Big Digital Energy, Inc. Common Stock has an average rating of “Reduce”.

Big Digital Energy, Inc. Common Stock Company Profile

Mawson Infrastructure Group, Inc is a special purpose acquisition company formed to identify, acquire and operate businesses in the digital infrastructure sector. Incorporated in Delaware, the company focuses on high-growth areas such as data centers, fiber-optic networks, wireless towers and other critical infrastructure that supports the global digital economy.

The company completed its initial public offering in July 2021, raising capital to pursue its business combination objectives.