Mawson Infrastructure Group (NASDAQ:MIGI) Releases Earnings Results

Mawson Infrastructure Group (NASDAQ:MIGI) issued its earnings results on Friday. The company reported ($0.22) EPS for the quarter, meeting analysts’ consensus estimates of ($0.22), Zacks reports. Mawson Infrastructure Group had a negative return on equity of 368.57% and a negative net margin of 93.68%.

Mawson Infrastructure Group Price Performance

NASDAQ MIGI opened at $0.51 on Friday. The company has a 50 day moving average price of $0.64 and a two-hundred day moving average price of $1.10. Mawson Infrastructure Group has a 12-month low of $0.44 and a 12-month high of $2.45. The stock has a market capitalization of $9.45 million, a PE ratio of -0.16 and a beta of 3.65. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.09.

Mawson Infrastructure Group 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.