Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock Rating Lowered by Wall Street Zen

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also recently issued reports on BGDE. JonesTrading upgraded shares of Big Digital Energy, Inc. Common Stock to a “strong-buy” rating in a report on Sunday, September 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Friday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Big Digital Energy, Inc. Common Stock Price Performance

Shares of BGDE opened at $5.13 on Friday. The company’s fifty day moving average is $6.22 and its 200-day moving average is $6.21. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The firm has a market cap of $29.34 million, a price-to-earnings ratio of -0.41 and a beta of 4.96.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last released its quarterly earnings results on Friday, August 14th. The company reported ($1.33) earnings per share for the quarter. The business had revenue of $6.15 million for the quarter. Big Digital Energy, Inc. Common Stock had a negative net margin of 80.68% and a negative return on equity of 2,070.87%.

Insider Transactions at Big Digital Energy, Inc. Common Stock

In related news, major shareholder Endeavor Blockchain, Llc bought 4,000 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was purchased at an average price of $6.29 per share, with a total value of $25,160.00. Following the completion of the transaction, the insider directly owned 1,650,000 shares of the company’s stock, valued at $10,378,500. This trade represents a 0.24% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders purchased a total of 134,517 shares of company stock worth $906,320 over the last three months. 2.00% of the stock is owned by corporate insiders.

Big Digital Energy, Inc. Common Stock 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. The company is based in Midland, Pennsylvania.