Mobile Global Esports Inc. (NASDAQ:MGAM)’s traded shares stood at 5.19 million during the last session. At the close of trading, the stock’s price was $3.00, to imply a decrease of -13.79% or -$0.48 in intraday trading. The MGAM share’s 52-week high remains $20.74, putting it -591.33% down since that peak but still an impressive 79.67% since price per share fell to its 52-week low of $0.61. The company has a valuation of $64.23M, with an average of 15.71 million shares in intraday trading volume over the past 10 days and average of 2.97 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Mobile Global Esports Inc. (MGAM), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give MGAM a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating.
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After registering a -13.79% downside in the last session, Mobile Global Esports Inc. (MGAM) has traded red over the past five days. The stock hit a weekly high of 4.68 this Friday, 02/03/23, dropping -13.79% in its intraday price action. The 5-day price performance for the stock is 211.85%, and 235.57% over 30 days. With these gigs, the year-to-date price performance is 263.72%. Short interest in Mobile Global Esports Inc. (NASDAQ:MGAM) saw shorts transact 0.18 million shares and set a 0.1 days time to cover.
Analysts on Wall Street suggest a consensus price target of $1.50, implying a decrease of -100.0% to the stock’s current value. The extremes give us $1.50 and $1.50 for target low and target high price respectively. As such, MGAM has been trading 50.0% off suggested target high and 50.0% from its likely low.
Mobile Global Esports Inc. (MGAM) estimates and forecasts
MGAM Dividends
Mobile Global Esports Inc. has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Mobile Global Esports Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Mobile Global Esports Inc. (NASDAQ:MGAM)’s Major holders
Mobile Global Esports Inc. insiders hold 37.52% of total outstanding shares, with institutional holders owning 0.04% of the shares at 0.07% float percentage. In total, 0.04% institutions holds shares in the company, led by iShares Micro Cap ETF. As of Sep 29, 2022, the company held over 7724.0 shares (or 0.04% of shares), all amounting to roughly $14675.0.