MGT Capital Investments Inc. (OTCMKTS:MGTI)’s stock price was up 1.1% on Wednesday . The stock traded as high as $0.02 and last traded at $0.02, approximately 1,622,863 shares changed hands during trading. A decline of 64% from the average daily volume of 4,519,585 shares. The stock had previously closed at $0.02.
The company’s fifty day moving average is $0.02 and its two-hundred day moving average is $0.04.
MGT Capital Investments (OTCMKTS:MGTI) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.02) earnings per share for the quarter. MGT Capital Investments had a negative net margin of 2,347.93% and a negative return on equity of 7,680.51%. The business had revenue of $0.07 million for the quarter.
MGT Capital Investments, Inc engages in bitcoin mining operations in the Wenatchee Valley area of central Washington. At March 30, 2018, it owned and operated approximately 500 miners located in a leased facility in Quincy, Washington; and 4,200 miners located in a leased facility in Sweden, as well as operated approximately 2,100 miners in the Sweden location.
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