MGT Capital Investments Inc (OTCMKTS:MGTI) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Thursday.

MGT Capital Investments (OTCMKTS MGTI) traded up 2.90% during midday trading on Thursday, reaching $2.48. 519,713 shares of the company’s stock traded hands. MGT Capital Investments has a 1-year low of $0.46 and a 1-year high of $4.26. The stock’s market capitalization is $98.97 million.

TRADEMARK VIOLATION WARNING: “MGT Capital Investments Inc (MGTI) Upgraded to “Hold” at ValuEngine” was first reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at

In other MGT Capital Investments news, insider Robert Ladd sold 100,000 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $2.76, for a total transaction of $276,000.00. Following the sale, the insider now directly owns 2,302,955 shares in the company, valued at approximately $6,356,155.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 36.60% of the stock is currently owned by insiders.

MGT Capital Investments Company Profile

MGT Capital Investments, Inc is engaged in acquiring and developing a diverse portfolio of cyber security technologies. The Company addresses various cyber threats through protection technologies for mobile and personal tech devices, as well as corporate networks. It is also engaged in mining Bitcoin.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for MGT Capital Investments Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGT Capital Investments Inc and related companies with's FREE daily email newsletter.