Insider Buying: Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Purchases $20,790.00 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Kyle Danges bought 3,000 shares of Big Digital Energy, Inc. Common Stock stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average cost of $6.93 per share, for a total transaction of $20,790.00. Following the acquisition, the director owned 3,000 shares in the company, valued at $20,790. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Big Digital Energy, Inc. Common Stock Stock Performance

BGDE stock opened at $7.40 on Friday. Big Digital Energy, Inc. Common Stock has a 52 week low of $1.70 and a 52 week high of $40.00. The firm’s fifty day moving average is $5.87 and its 200 day moving average is $4.52. The firm has a market cap of $40.85 million, a P/E ratio of -0.59 and a beta of 5.06.

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

Analyst Ratings Changes

BGDE has been the subject of several analyst reports. Wall Street Zen cut shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently 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.