Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Announces Earnings Results

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) announced its earnings results on Friday. The company reported ($1.13) EPS for the quarter, FiscalAI reports. The business had revenue of $8.66 million for the quarter. Big Digital Energy, Inc. Common Stock had a negative return on equity of 2,070.87% and a negative net margin of 80.68%.

Big Digital Energy, Inc. Common Stock Trading Up 19.7%

Shares of Big Digital Energy, Inc. Common Stock stock traded up $0.52 on Friday, reaching $3.16. 138,775 shares of the company were exchanged, compared to its average volume of 72,568. The company has a 50-day moving average of $5.18 and a 200 day moving average of $5.34. Big Digital Energy, Inc. Common Stock has a one year low of $1.70 and a one year high of $21.60. The company has a market capitalization of $18.08 million, a price-to-earnings ratio of -0.25 and a beta of 5.16.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. JonesTrading upgraded shares of Big Digital Energy, Inc. Common Stock to a “strong-buy” rating in a research 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. Finally, Wall Street Zen lowered Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, October 10th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Insider Transactions at Big Digital Energy, Inc. Common Stock

In other Big Digital Energy, Inc. Common Stock news, major shareholder Endeavor Blockchain, Llc purchased 4,000 shares of Big Digital Energy, Inc. Common Stock stock in a transaction that occurred on Wednesday, September 2nd. The stock was acquired at an average price of $6.29 per share, for a total transaction of $25,160.00. Following the completion of the acquisition, the insider owned 1,650,000 shares of the company’s stock, valued at approximately $10,378,500. This trade represents a 0.24% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last three months, insiders have bought 134,517 shares of company stock valued at $906,320. Company insiders own 50.20% 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.