Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Rodger Davis Purchases 2,000 Shares

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Rodger Davis purchased 2,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were bought at an average cost of $7.04 per share, with a total value of $14,080.00. Following the purchase, the director directly owned 2,000 shares of the company’s stock, valued at approximately $14,080. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Big Digital Energy, Inc. Common Stock Stock Performance

Big Digital Energy, Inc. Common Stock stock opened at $7.40 on Friday. The company has a 50 day moving average price of $5.87 and a 200-day moving average price of $4.52. Big Digital Energy, Inc. Common Stock has a fifty-two week low of $1.70 and a fifty-two week high of $40.00. 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 posted its quarterly earnings results on Tuesday, March 31st. The company reported ($12.11) earnings per share for the quarter, missing the consensus estimate of ($10.40) by ($1.71). The firm had revenue of $3.23 million for the quarter, compared to analysts’ expectations of $5.30 million.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Monday, May 18th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus 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.