Monaker Group Inc. [NASDAQ: MKGI] closed the trading session at $3.59 on 03/23/21. The day’s price range saw the stock hit a low of $3.43, while the highest price level was $4.27. The company report on March 23, 2021 that MONAKER GROUP INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Monaker Group, Inc. – MKGI.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Monaker Group, Inc. (“the Company”) (NasdaqGS: MKGI) with Hotplay Enterprise Limited and stockholders of Axion Ventures, Inc., pursuant to which Monaker shareholders will retain ownership of less than 20% of the company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
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If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (email@example.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mkgi/ to learn more.
The stocks have a year to date performance of 58.15 percent and weekly performance of 4.06 percent. The stock has been moved at 61.71 percent over the last six months. The stock has performed 11.84 percent around the most recent 30 days and changed 20.88 percent over the most recent 3-months.
If compared to the average trading volume of 1.07M shares, MKGI reached to a volume of 2697564 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 0.67, with the Price to Sales ratio for MKGI stock in the period of the last 12 months amounting to 687.13. The Price to Book ratio for the last quarter was 2.66, with the Price to Cash per share for the same quarter was set at 0.19.
MKGI stock trade performance evaluation
Monaker Group Inc. [MKGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.06. With this latest performance, MKGI shares gained by 11.84% in over the last four-week period, additionally plugging by 61.71% over the last 6 months – not to mention a rise of 260.73% 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 53.48, with the RSI for the last a single of trading hit 52.02, and the three-weeks RSI is set at 53.88 for Monaker Group Inc. [MKGI]. The present Moving Average for the last 50 days of trading for this stock 2.91, while it was recorded at 3.96 for the last single week of trading, and 2.51 for the last 200 days.
Monaker Group Inc. [MKGI]: An insightful look at the core 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 per share (EPS) analysis for Monaker Group Inc. [MKGI] stock
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.
Monaker Group Inc. [MKGI]: Insider Ownership positions
There are presently around $3 million, or 5.40% 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 6.70% of the total institutional ownership; VANGUARD GROUP INC, holding 210,261 shares of the stock with an approximate value of $0.76 million in MKGI stocks shares; and RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC., currently with $0.71 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 April and at the time of the April reporting period, where 9 institutional holders increased their position in Monaker Group Inc. [NASDAQ:MKGI] by around 90,712 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 806,055 shares, according to the latest SEC report filing. MKGI stock had 4 new institutional investments in for a total of 56,684 shares, while 2 institutional investors sold positions of 195,815 shares during the same period.