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NASDAQ:MLGO

MicroAlgo (MLGO) Stock Price, News & Analysis

MicroAlgo logo
$0.19 -0.01 (-4.95%)
(As of 11/13/2024 ET)

About MicroAlgo Stock (NASDAQ:MLGO)

Key Stats

Today's Range
$0.18
$0.20
50-Day Range
$0.20
$0.39
52-Week Range
$0.18
$156.00
Volume
11.36 million shs
Average Volume
13.18 million shs
Market Capitalization
$990,720.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertising distribution, mobile game publishing and licensing, software services, and comprehensive solutions for enterprise customers, as well as intelligent chips solutions for the semiconductor sector. In addition, it engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is headquartered in Shenzhen, the People's Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc.

MicroAlgo Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
11th Percentile Overall Score

MLGO MarketRank™: 

MicroAlgo scored higher than 11% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for MicroAlgo.

  • Price to Book Value per Share Ratio

    MicroAlgo has a P/B Ratio of 0.02. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    65.70% of the outstanding shares of MicroAlgo have been sold short.
  • Short Interest Ratio / Days to Cover

    MicroAlgo has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MicroAlgo has recently increased by 143.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MicroAlgo does not currently pay a dividend.

  • Dividend Growth

    MicroAlgo does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    65.70% of the outstanding shares of MicroAlgo have been sold short.
  • Short Interest Ratio / Days to Cover

    MicroAlgo has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MicroAlgo has recently increased by 143.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    MicroAlgo has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for MicroAlgo this week, compared to 0 articles on an average week.
  • Search Interest

    Only 12 people have searched for MLGO on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added MicroAlgo to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MicroAlgo insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    22.70% of the stock of MicroAlgo is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 1.10% of the stock of MicroAlgo is held by institutions.

  • Read more about MicroAlgo's insider trading history.
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MLGO Stock News Headlines

WiMi Hologram Cloud Turns To Profit In H1 - Quick Facts
Trump’s Back, but DC’s Coming for Your Money!
Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy with a heavy hand—building up infrastructure, slapping tariffs on imports, and going all-in on U.S. jobs. But here's the kicker: while Trump's focused on making America stronger, the Washington elite is ready to fight back…
MicroAlgo Inc. Shows Robust Financial Growth
UiPath Inc (9UV.BE)
Zwipe AS (4ZW.F)
Why Is MicroAlgo (MLGO) Stock Up 113% Today?
See More Headlines

MLGO Stock Analysis - Frequently Asked Questions

MicroAlgo's stock was trading at $9.12 at the beginning of the year. Since then, MLGO shares have decreased by 97.9% and is now trading at $0.1920.
View the best growth stocks for 2024 here
.

MicroAlgo shares reverse split before market open on Friday, March 22nd 2024. The 1-10 reverse split was announced on Friday, March 22nd 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, March 22nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

MicroAlgo's top institutional shareholders include Platform Technology Partners (1.94%).

Shares of MLGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MicroAlgo investors own include NVIDIA (NVDA), Meta Platforms (META), Vanguard Total Bond Market ETF (BND), ARK Innovation ETF (ARKK), iShares Core S&P 500 ETF (IVV), Invesco S&P 500 Momentum ETF (SPMO) and Vanguard FTSE Emerging Markets ETF (VWO).

Company Calendar

Today
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:MLGO
Fax
N/A
Employees
86
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$81.89 million
Book Value
$8.90 per share

Miscellaneous

Free Float
3,989,000
Market Cap
$1.04 million
Optionable
Not Optionable
Beta
2.99
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This page (NASDAQ:MLGO) was last updated on 11/13/2024 by MarketBeat.com Staff
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