Sunday, April 11, 2021

Monaker Group Inc. [MKGI] gain 38.77% so far this year. What now?

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Monaker Group Inc. [NASDAQ: MKGI] stock went on a downward path that fall over -11.76% on Monday, amounting to a one-week price decrease of less than -12.50%. 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.

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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 (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mkgi/ to learn more.

Over the last 12 months, MKGI stock rose by 343.66%. The one-year Monaker Group Inc. stock forecast points to a potential upside of 33.68. The average equity rating for MKGI stock is currently 2.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $55.76 million, with 14.60 million shares outstanding and 11.67 million shares in the current float. Compared to the average trading volume of 1.15M shares, MKGI stock reached a trading volume of 1374620 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 0.54, with the Price to Sales ratio for MKGI stock in the period of the last 12 months amounting to 557.55. The Price to Book ratio for the last quarter was 2.33, with the Price to Cash per share for the same quarter was set at 0.21.

MKGI Stock Performance Analysis:

Monaker Group Inc. [MKGI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.50. With this latest performance, MKGI shares gained by 23.05% in over the last four-week period, additionally plugging by 39.38% over the last 6 months – not to mention a rise of 343.66% 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 47.13, with the RSI for the last a single of trading hit 43.75, and the three-weeks RSI is set at 48.86 for Monaker Group Inc. [MKGI]. The present Moving Average for the last 50 days of trading for this stock 3.08, while it was recorded at 3.38 for the last single week of trading, and 2.59 for the last 200 days.

Insight into Monaker Group Inc. 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.

MKGI Stock EPS

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 Position Details

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 6.90% of the total institutional ownership; VANGUARD GROUP INC, holding 210,261 shares of the stock with an approximate value of $0.66 million in MKGI stocks shares; and RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC., currently with $0.62 million in MKGI stock with ownership of nearly 18.241% of the company’s market capitalization.

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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.

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