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

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Kyle Danges purchased 3,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Big Digital Energy, Inc. Common Stock Stock Performance

NASDAQ BGDE traded up $0.81 during trading on Thursday, reaching $7.19. 162,452 shares of the company’s stock were exchanged, compared to its average volume of 400,829. The stock has a market cap of $39.70 million, a P/E ratio of -0.57 and a beta of 5.06. The company has a 50 day moving average price of $5.66 and a two-hundred day moving average price of $4.49. Big Digital Energy, Inc. Common Stock has a 1 year low of $1.70 and a 1 year high of $40.00.

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

Analysts Set New Price Targets

A number of research firms have recently commented on BGDE. Weiss Ratings reiterated a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Monday, May 18th. Wall Street Zen cut Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the 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.