Digi Power X Inc. (NASDAQ:DGXX – Get Free Report) President Alec Amar bought 10,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were purchased at an average price of $3.86 per share, with a total value of $38,600.00. Following the completion of the transaction, the president directly owned 1,378,949 shares in the company, valued at approximately $5,322,743.14. The trade was a 0.73% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Digi Power X Trading Up 2.0%
DGXX traded up $0.08 during trading hours on Friday, hitting $4.00. The company’s stock had a trading volume of 2,985,949 shares, compared to its average volume of 5,990,041. The stock has a market cap of $361.68 million, a price-to-earnings ratio of -7.41 and a beta of 6.28. The business’s 50-day moving average price is $4.63 and its 200-day moving average price is $4.23. Digi Power X Inc. has a 12 month low of $1.86 and a 12 month high of $9.20.
Digi Power X (NASDAQ:DGXX – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.17) EPS for the quarter. Digi Power X had a negative net margin of 116.79% and a negative return on equity of 26.75%. The business had revenue of $6.63 million for the quarter.
Analyst Ratings Changes
View Our Latest Stock Report on DGXX
Institutional Investors Weigh In On Digi Power X
Several institutional investors have recently made changes to their positions in the company. Weiss Asset Management LP purchased a new position in shares of Digi Power X during the first quarter valued at approximately $540,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Digi Power X during the 4th quarter worth approximately $1,033,000. FNY Investment Advisers LLC purchased a new position in Digi Power X during the 2nd quarter valued at $79,000. Dynamic Advisor Solutions LLC purchased a new position in Digi Power X during the 2nd quarter valued at $66,000. Finally, Bank of America Corp DE grew its position in Digi Power X by 5,228.9% in the 1st quarter. Bank of America Corp DE now owns 43,484 shares of the company’s stock valued at $88,000 after acquiring an additional 42,668 shares during the last quarter. Institutional investors own 1.93% of the company’s stock.
About Digi Power X
Digihost Technology Inc operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
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