Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Acquires $14,080.00 in Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Rodger Davis bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were purchased at an average cost of $7.04 per share, with a total value of $14,080.00. Following the acquisition, the director directly owned 2,000 shares of the company’s stock, valued at approximately $14,080. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Big Digital Energy, Inc. Common Stock Price Performance

Big Digital Energy, Inc. Common Stock stock opened at $7.40 on Monday. Big Digital Energy, Inc. Common Stock has a 52 week low of $1.70 and a 52 week 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 stock has a 50-day moving average price of $5.87 and a 200 day moving average price of $4.52.

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 analysts’ consensus estimates of ($10.40) by ($1.71). The company had revenue of $3.23 million during the quarter, compared to analysts’ expectations of $5.30 million.

Analysts Set New Price Targets

A number of research firms recently commented on BGDE. Wall Street Zen downgraded Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Monday, May 18th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus 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.