MGT Capital Investments (OTCMKTS:MGTI) Trading Up 1.1%

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.

About MGT Capital Investments (OTCMKTS:MGTI)

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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