Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE – Free Report) from a hold rating to a sell rating in a report issued on Saturday morning,Wall Street Zen reports.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a research report on Friday, September 11th. JonesTrading upgraded Big Digital Energy, Inc. Common Stock to a “strong-buy” rating in a research note on Sunday, September 27th. One equities research 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, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Report on BGDE

Big Digital Energy, Inc. Common Stock Stock Up 3.3%

NASDAQ BGDE opened at $5.30 on Friday. The company has a 50-day moving average price of $6.20 and a 200-day moving average price of $6.23. Big Digital Energy, Inc. Common Stock has a 52 week low of $1.70 and a 52 week high of $40.00. The firm has a market capitalization of $30.32 million, a P/E ratio of -0.42 and a beta of 4.96.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE – Get Free Report) last announced its earnings results on Friday, August 14th. The company reported ($1.33) earnings per share (EPS) for the quarter. Big Digital Energy, Inc. Common Stock had a negative net margin of 80.68% and a negative return on equity of 2,070.87%. The business had revenue of $6.15 million for the quarter.

Insider Buying and Selling at Big Digital Energy, Inc. Common Stock

In related news, major shareholder Endeavor Blockchain, Llc acquired 39,090 shares of the stock in a transaction dated Friday, August 14th. The shares were purchased at an average cost of $6.72 per share, with a total value of $262,684.80. Following the transaction, the insider directly owned 1,570,000 shares in the company, valued at approximately $10,550,400. This represents a 2.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders bought 134,517 shares of company stock worth $906,320. 2.00% of the stock is owned by insiders.

About Big Digital Energy, Inc. Common Stock

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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.

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