Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock Rating Raised to Strong-Buy at JonesTrading

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) was upgraded by analysts at JonesTrading to a “strong-buy” rating in a report released on Sunday, Zacks reports.

Several other analysts have also weighed in on BGDE. Wall Street Zen upgraded Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Big Digital Energy, Inc. Common Stock Price Performance

Shares of NASDAQ:BGDE opened at $5.32 on Friday. The stock has a market cap of $30.43 million, a price-to-earnings ratio of -0.42 and a beta of 4.98. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The stock’s 50 day moving average price is $6.24 and its 200 day moving average price is $6.06.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last issued its quarterly earnings results on Friday, August 14th. The company reported ($1.33) earnings per share (EPS) for the quarter. Big Digital Energy, Inc. Common Stock had a negative net margin of 80.68% and a negative return on equity of 2,070.87%. The firm had revenue of $6.15 million for the quarter.

Insider Buying and Selling at Big Digital Energy, Inc. Common Stock

In related news, major shareholder Endeavor Blockchain, Llc bought 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average cost of $6.29 per share, for a total transaction of $25,160.00. Following the acquisition, the insider directly owned 1,650,000 shares of the company’s stock, valued at $10,378,500. The trade was a 0.24% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Over the last three months, insiders acquired 134,517 shares of company stock worth $906,320. Company insiders own 2.00% of the company’s stock.

Big Digital Energy, Inc. Common Stock Company Profile

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. The company is based in Midland, Pennsylvania.