Rodger Davis Buys 2,000 Shares of Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Stock

Big Digital Energy, Inc. Common Stock (NASDAQ:BGDE) Director Rodger Davis acquired 2,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $7.04 per share, with a total value of $14,080.00. Following the acquisition, the director owned 2,000 shares in the company, valued at $14,080. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Big Digital Energy, Inc. Common Stock Stock Up 4.3%

BGDE traded up $0.31 during trading hours on Friday, reaching $7.50. 35,925 shares of the company’s stock traded hands, compared to its average volume of 397,489. The firm has a 50-day moving average price of $5.76 and a 200 day moving average price of $4.50. 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 $41.40 million, a PE ratio of -0.60 and a beta of 5.06.

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

Wall Street Analyst Weigh In

BGDE has been the subject of a number of recent analyst reports. 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. Weiss Ratings restated a “sell (e+)” rating on shares of Big Digital Energy, Inc. Common Stock in a report on Monday, May 18th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from 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.