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

JonesTrading upgraded shares of Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) to a strong-buy rating in a research note issued to investors on Sunday,Zacks reports.

A number of other research firms also recently commented on BGDE. Weiss Ratings reiterated a “sell (d-)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Friday, September 11th. Wall Street Zen upgraded Big Digital Energy, Inc. Common Stock from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Big Digital Energy, Inc. Common Stock Stock Up 1.1%

Big Digital Energy, Inc. Common Stock stock opened at $5.32 on Friday. 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 $30.43 million, a price-to-earnings ratio of -0.42 and a beta of 4.98. The company has a fifty day simple moving average of $6.24 and a 200-day simple moving average of $6.06.

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) last posted its quarterly earnings results on Friday, August 14th. The company reported ($1.33) earnings per share for the quarter. The business had revenue of $6.15 million during 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%.

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 that occurred on Friday, August 14th. The stock was purchased at an average price of $6.72 per share, with a total value of $262,684.80. Following the transaction, the insider owned 1,570,000 shares of the company’s stock, valued at approximately $10,550,400. This trade represents a 2.55% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have purchased 134,517 shares of company stock worth $906,320. Company 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.