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NASDAQ:MLGO

MicroAlgo (MLGO) Stock Price, News & Analysis

MicroAlgo logo
$0.19 0.00 (-0.52%)
(As of 09:39 AM ET)

About MicroAlgo Stock (NASDAQ:MLGO)

Key Stats

Today's Range
$0.19
$0.20
50-Day Range
$0.19
$0.37
52-Week Range
$0.18
$156.00
Volume
943,437 shs
Average Volume
13.13 million shs
Market Capitalization
$985,560.00
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 10 people have searched for MLGO on MarketBeat in the last 30 days. This is a decrease of -71% 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
Free Ebook shares Tesla’s roadmap to $500 a share
Even though shares of Tesla are only up 3% this year, one man believes Tesla’s next bull run is just around the corner. In his professional opinion, the share price could reach $500 or more… Now, we understand that may seem far-fetched, but as you’ll see in his new ebook, it’s not as crazy as it may sound. In fact, he argues a Trump presidency could make it happen much faster than you might think. which is why we’re emailing you now… For the time being, he’s giving away his Tesla ebook for free. Inside explains how shares could reach $500 in the near future.
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 start of the year. Since then, MLGO stock has decreased by 97.9% and is now trading at $0.1910.
View the best growth stocks for 2024 here
.

MicroAlgo's stock reverse split 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
11/14/2024
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
$990,720.00
Optionable
Not Optionable
Beta
2.99
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This page (NASDAQ:MLGO) was last updated on 11/14/2024 by MarketBeat.com Staff
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