Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Kyle Danges Buys 3,000 Shares of Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Kyle Danges bought 3,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average price of $6.93 per share, for a total transaction of $20,790.00. Following the completion of the purchase, the director owned 3,000 shares in the company, valued at approximately $20,790. The trade was a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Big Digital Energy, Inc. Common Stock Trading Up 12.7%

Shares of BGDE opened at $7.19 on Friday. The business’s fifty day simple moving average is $5.76 and its two-hundred day simple moving average is $4.50. Big Digital Energy, Inc. Common Stock has a 12 month low of $1.70 and a 12 month high of $40.00. The company has a market cap of $39.69 million, a price-to-earnings ratio of -0.57 and a beta of 5.06.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last issued its earnings results on Tuesday, March 31st. The company reported ($12.11) EPS for the quarter, missing the consensus estimate of ($10.40) by ($1.71). The business had revenue of $3.23 million during the quarter, compared to analyst estimates of $5.30 million.

Analysts Set New Price Targets

BGDE has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Monday, May 18th. Wall Street Zen cut Big Digital Energy, Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on 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.