At the end of the latest market close, Monaker Group Inc. (MKGI) was valued at $2.93. In that particular session, Stock kicked-off at the price of $2.41 while reaching the peak value of $2.50 and lowest value recorded on the day was $2.40. The stock current value is $2.50.
Recently in News on May 14, 2021, Monaker Group Announces Pricing of $8.1 Million Underwritten Public Offering of Common Stock. via NewMediaWire — Monaker Group, Inc. (NASDAQ: MKGI), a technology solutions company focused on building a digital business ecosystem that caters to and ties together digital advertisers, consumers, video gamers and travelers, today announced the pricing of an underwritten public offering of 3,230,000 shares of its common stock at a public offering price of $2.50 per share, for gross proceeds to the Company of approximately $8.1 million, before deducting the underwriting discount and other offering expenses payable by the Company. You can read further details here
Monaker Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.99 on 03/18/21, with the lowest value was $2.15 for the same time period, recorded on 01/22/21.
Monaker Group Inc. (MKGI) full year performance was 157.73%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Monaker Group Inc. shares are logging -49.90% during the 52-week period from high price, and 170.27% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.93 and $4.99.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1185117 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Monaker Group Inc. (MKGI) recorded performance in the market was 10.13%, having the revenues showcasing -10.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 55.00M, as it employees total of 12 workers.
Specialists analysis on Monaker Group Inc. (MKGI)
During the last month, 0 analysts gave the Monaker Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.93, with a change in the price was noted -0.47. In a similar fashion, Monaker Group Inc. posted a movement of -15.82% for the period of last 100 days, recording 858,415 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MKGI is recording 0.53 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Monaker Group Inc. (MKGI)
Raw Stochastic average of Monaker Group Inc. in the period of last 50 days is set at 9.12%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 23.30%. In the last 20 days, the company’s Stochastic %K was 53.72% and its Stochastic %D was recorded 68.28%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 10.13%. Additionally, trading for the stock in the period of the last six months notably improved by 19.05%, alongside a boost of 157.73% for the period of the last 12 months. The shares increased approximately by -16.39% in the 7-day charts and went down by -2.34% in the period of the last 30 days. Common stock shares were lifted by -10.71% during last recorded quarter.