This firm currently holds 490
K in liabilities with Debt to Equity (D/E) ratio of 16.5 indicating the entity may have difficulties to generate enough cash to satisfy its financial obligations. MGT CAPITAL dividends can provide a clue to current valuation of the stock. The firm is not expected to issue dividends this year as it trying to preserve or re-invest any of the funds available for distribution to stakeholders. Let me now analyze MGT CAPITAL Net Income. Based on recorded statements MGT CAPITAL INVESTMENTS INC reported net loss of -1.852E7. This is 101.45% lower than that of the Financial Services sector, and 101.82% lower than that of
Capital Markets industry, The Net Income for all stocks is 103.24% higher than MGT CAPITAL.
Please consider monitoring MGT Capital on a daily basis if you are holding a position in it. MGT Capital is trading at a penny-stock level, and the possibility of delisting is much higher compared to other pink sheets. However, just because the pink sheet is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as MGT Capital stock to be traded above the $1 level to remain listed. If MGT Capital pink sheet price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
MGT CAPITAL INVESTMENTS INC secures negative usage of assets of -2.8652 %, realizing only $0.03 for each dollar of assets held by the firm. Unsuccessful assets utilization conveys that the company is being less competent with each dollar of assets it secures. Strictly speaking assets utilization of MGT CAPITAL INVESTMENTS INC shows how unproductive it operates for each dollar spent on its assets. The modest gains experienced by current holders of MGT CAPITAL INVESTMENTS may encourage investors to take a closer look at the firm as it closed today at a share price of
0.0204 on very low momentum in trading volume. The company directors and management have been quite successful with maneuvering the stock at opportune times to take advantage of all market conditions in
November. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 10.73. The very high volatility is mostly attributed to the latest market swings and not very good earning reports from some ot the MGT CAPITAL INVESTMENTS partners. MGT CAPITAL reports 9.43 m market capitalization. MGT CAPITAL is selling at 0.021. That is 12.30 percent up. Today lowest is 0.0204. MGT CAPITAL Accumulated Other Comprehensive Income is increasing over the last 8 years. The previous year value of MGT CAPITAL Accumulated Other Comprehensive Income was 1,422,281.
| Tangible Asset Value | Market Capitalization |
| 2016 | 0.0 | 0.0 |
| 2017 | 0.0 | 0.0 |
| 2018 | 0.0 | 0.0 |
| 2019 (projected) | 0.0 | 0.0 |
MGT Capital Investments, Inc. engages in bitcoin mining operations in the United States. The company was incorporated in 1977 and is headquartered in Durham, North Carolina. MGT CAPITAL operates under Capital Markets classification in USA and is traded on BATS Exchange. It employs 4 people.
Tangible Asset ValueMarket CapitalizationOn the whole, our research shows that MGT CAPITAL is out of control with
very high probability of bankruptcy in the next two years. Our actual buy/sell advice on the entity is
Strong Sell.
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Try AI Portfolio ArchitectRifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
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