Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock Lifted to Strong-Buy by JonesTrading

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) was upgraded by investment analysts at JonesTrading to a “strong-buy” rating in a research report issued to clients and investors on Sunday, Zacks reports.

BGDE has been the subject of a number of other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Friday, September 11th. Wall Street Zen upgraded Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Big Digital Energy, Inc. Common Stock Stock Up 1.1%

BGDE opened at $5.32 on Friday. The stock has a fifty day moving average of $6.24 and a 200-day moving average of $6.06. The firm has a market capitalization of $30.43 million, a P/E ratio of -0.42 and a beta of 4.98. Big Digital Energy, Inc. Common Stock has a 12-month low of $1.70 and a 12-month high of $40.00.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last issued its quarterly earnings results on Friday, August 14th. The company reported ($1.33) earnings per share 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%. The business had revenue of $6.15 million for the quarter.

Insider Activity at Big Digital Energy, Inc. Common Stock

In related news, major shareholder Endeavor Blockchain, Llc purchased 39,090 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were acquired at an average cost of $6.72 per share, with a total value of $262,684.80. Following the completion of the purchase, the insider owned 1,570,000 shares of the company’s stock, valued at $10,550,400. The trade was a 2.55% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have acquired 134,517 shares of company stock worth $906,320. Insiders own 2.00% of the company’s stock.

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.