MGT Capital Investments Inc. (OTCMKTS:MGTI) Director Nolan K. Bushnell sold 100,000 shares of MGT Capital Investments stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $4.68, for a total transaction of $468,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
MGT Capital Investments Inc. (OTCMKTS MGTI) traded up $0.33 during trading hours on Friday, hitting $4.75. 1,450,000 shares of the company’s stock traded hands, compared to its average volume of 4,350,000. The firm has a market capitalization of $230.68, a P/E ratio of -4.75 and a beta of 2.14. MGT Capital Investments Inc. has a fifty-two week low of $0.46 and a fifty-two week high of $8.14.
Separately, ValuEngine upgraded shares of MGT Capital Investments from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st.
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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.
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