Monaker Group Inc. [NASDAQ: MKGI] traded at a high on 02/17/21, posting a 14.84 gain after which it closed the day’ session at $3.87. The company report on January 28, 2021 that Monaker Group to Participate at the A.G.P. Virtual Emerging Growth Technology Conference on February 4, 2021.
via NewMediaWire — Monaker Group, Inc. (NASDAQ: MKGI) (‘Monaker’ or the ‘Company’), a technology solutions company, announced that Bill Kerby, Monaker Group CEO, Tim Sikora, Monaker Group Chief Operating and Information Officer, and Richard Marshall, Director of Corporate Development will be meeting with investors in a one-on-one basis at the A.G.P. Virtual Emerging Growth Technology Conference on February 4, 2021.
Management will discuss how Monaker is transforming into a broad technology enterprise leveraging video gaming and travel reservation platforms with AdTech, Blockchain and Artificial Intelligence solutions to engage consumers for the benefit of major brands and travel providers.
The results of the trading session contributed to over 2559988 shares changing hands. Over the past one week, the price volatility of Monaker Group Inc. stands at 19.28% while the volatility over the past one month is 11.46%.
The market cap for MKGI stock reached $68.85 million, with 14.60 million shares outstanding and 11.67 million shares in the current float. Compared to the average trading volume of 405.06K shares, MKGI reached a trading volume of 2559988 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Monaker Group Inc. [MKGI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MKGI shares is $4.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MKGI stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Monaker Group Inc. is set at 0.34, with the Price to Sales ratio for MKGI stock in the period of the last 12 months amounting to 688.47. The Price to Book ratio for the last quarter was 2.87, with the Price to Cash per share for the same quarter was set at 0.21.
How has MKGI stock performed recently?
Monaker Group Inc. [MKGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.64. With this latest performance, MKGI shares gained by 61.25% in over the last four-week period, additionally plugging by 80.84% over the last 6 months – not to mention a rise of 94.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MKGI stock in for the last two-week period is set at 73.61, with the RSI for the last a single of trading hit 79.83, and the three-weeks RSI is set at 68.59 for Monaker Group Inc. [MKGI]. The present Moving Average for the last 50 days of trading for this stock 2.75, while it was recorded at 3.09 for the last single week of trading, and 2.25 for the last 200 days.
Monaker Group Inc. [MKGI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Monaker Group Inc. [MKGI] shares currently have an operating margin of -1350.85 and a Gross Margin at -536.08. Monaker Group Inc.’s Net Margin is presently recorded at -2140.19.
Return on Total Capital for MKGI is now -64.86, given the latest momentum, and Return on Invested Capital for the company is -134.92. Return on Equity for this stock declined to -134.92, with Return on Assets sitting at -92.81. When it comes to the capital structure of this company, Monaker Group Inc. [MKGI] has a Total Debt to Total Equity ratio set at 46.27. Additionally, MKGI Total Debt to Total Capital is recorded at 31.63, with Total Debt to Total Assets ending up at 27.82.
Reflecting on the efficiency of the workforce at the company, Monaker Group Inc. [MKGI] managed to generate an average of -$787,890 per employee. Receivables Turnover for the company is 23.56 with a Total Asset Turnover recorded at a value of 0.04.Monaker Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
Earnings analysis for Monaker Group Inc. [MKGI]
With the latest financial reports released by the company, Monaker Group Inc. posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.15/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 66.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MKGI.
Insider trade positions for Monaker Group Inc. [MKGI]
There are presently around $3 million, or 5.60% of MKGI stock, in the hands of institutional investors. The top three institutional holders of MKGI stocks are: TRUVVO PARTNERS LLC with ownership of 252,035, which is approximately 0% of the company’s market cap and around 6.90% of the total institutional ownership; VANGUARD GROUP INC, holding 210,261 shares of the stock with an approximate value of $0.71 million in MKGI stocks shares; and RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC., currently with $0.67 million in MKGI stock with ownership of nearly 18.241% of the company’s market capitalization.
Positions in Monaker Group Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 8 institutional holders increased their position in Monaker Group Inc. [NASDAQ:MKGI] by around 67,504 shares. Additionally, 4 investors decreased positions by around 211,864 shares, while 4 investors held positions by with 503,479 shares. The mentioned changes placed institutional holdings at 782,847 shares, according to the latest SEC report filing. MKGI stock had 3 new institutional investments in for a total of 33,476 shares, while 2 institutional investors sold positions of 195,815 shares during the same period.