Rodger Davis Purchases 2,000 Shares of Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Rodger Davis acquired 2,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average cost of $7.04 per share, for a total transaction of $14,080.00. Following the completion of the purchase, the director owned 2,000 shares in the company, valued at $14,080. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Big Digital Energy, Inc. Common Stock Trading Up 2.9%

Shares of NASDAQ BGDE opened at $7.40 on Friday. The stock has a market cap of $40.85 million, a price-to-earnings ratio of -0.59 and a beta of 5.06. Big Digital Energy, Inc. Common Stock has a 52 week low of $1.70 and a 52 week high of $40.00. The company’s 50-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 issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $5.30 million.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BGDE. Weiss Ratings reissued a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a research note on Monday, May 18th. Wall Street Zen lowered shares of Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average 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.