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 bought 2,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was bought 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 of the company’s stock, valued at approximately $14,080. The trade was a ? increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Big Digital Energy, Inc. Common Stock Price Performance

Shares of Big Digital Energy, Inc. Common Stock stock traded up $0.31 during trading on Friday, hitting $7.50. 35,925 shares of the company’s stock traded hands, compared to its average volume of 397,489. Big Digital Energy, Inc. Common Stock has a 1 year low of $1.70 and a 1 year high of $40.00. The stock has a market capitalization of $41.40 million, a P/E ratio of -0.60 and a beta of 5.06. The business has a 50-day simple moving average of $5.76 and a 200-day simple moving average of $4.50.

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

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings restated 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 investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently 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.