Mawson Infrastructure Group (NASDAQ:MIGI) Announces Earnings Results

Mawson Infrastructure Group (NASDAQ:MIGI) released its quarterly earnings data on Friday. The company reported ($0.22) earnings per share for the quarter, hitting 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

MIGI traded down $0.01 during trading on Friday, reaching $0.51. 130,431 shares of the company traded hands, compared to its average volume of 907,082. The company has a market cap of $9.45 million, a P/E ratio of -0.16 and a beta of 3.65. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.39 and a current ratio of 0.39. Mawson Infrastructure Group has a 12-month low of $0.44 and a 12-month high of $2.45. The firm has a fifty day simple moving average of $0.65 and a 200 day simple moving average of $1.11.

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.