Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock Rating Upgraded by JonesTrading

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

Other equities analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a research note on Friday, September 11th. Wall Street Zen upgraded Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Big Digital Energy, Inc. Common Stock has an average rating of “Hold”.

Big Digital Energy, Inc. Common Stock Stock Performance

NASDAQ:BGDE opened at $5.32 on Friday. The stock’s fifty day moving average is $6.24 and its 200 day moving average is $6.06. Big Digital Energy, Inc. Common Stock has a fifty-two week low of $1.70 and a fifty-two week high of $40.00. The firm has a market capitalization of $30.43 million, a PE ratio of -0.42 and a beta of 4.98.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last posted its quarterly earnings data on Friday, August 14th. The company reported ($1.33) EPS 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%.The firm 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 Big Digital Energy, Inc. Common Stock stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $6.72 per share, with a total value of $262,684.80. Following the purchase, the insider directly owned 1,570,000 shares of the company’s stock, valued at approximately $10,550,400. This represents a 2.55% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have bought 134,517 shares of company stock valued at $906,320 in the last quarter. Corporate insiders own 2.00% of the company’s stock.

About Big Digital Energy, Inc. Common Stock

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.