Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Daniel Morrison Buys 3,021 Shares

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Daniel Morrison purchased 3,021 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were purchased at an average cost of $7.50 per share, for a total transaction of $22,657.50. Following the purchase, the director directly owned 3,021 shares in the company, valued at $22,657.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Big Digital Energy, Inc. Common Stock Price Performance

Big Digital Energy, Inc. Common Stock stock opened at $7.40 on Friday. Big Digital Energy, Inc. Common Stock has a 12-month low of $1.70 and a 12-month high of $40.00. The company has a market capitalization of $40.85 million, a price-to-earnings ratio of -0.59 and a beta of 5.06. The firm’s fifty day moving average price is $5.87 and its 200 day moving average price is $4.52.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last released its 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 the consensus estimate of $5.30 million.

Wall Street Analysts Forecast Growth

BGDE has been the subject of several research analyst reports. Wall Street Zen downgraded 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

About Big Digital Energy, Inc. Common Stock

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.