Market cap of MicroAlgo Inc [MLGO] reaches 49.04M – now what?

MicroAlgo Inc [NASDAQ: MLGO] price surged by 20535688 percent to reach at $36019999.28.

Guru’s Opinion on MicroAlgo Inc [MLGO]:

The Price to Book ratio for the last quarter was 0.06, with the Price to Cash per share for the same quarter was set at 2.39. Price to Free Cash Flow for MLGO in the course of the last twelve months was 12.05 with Quick ratio for the last quarter at 6.11.

MLGO Stock Performance Analysis:

MicroAlgo Inc [MLGO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -35.45. With this latest performance, MLGO shares dropped by -44.09% in over the last four-week period, additionally sinking by -68.02% over the last 6 months – not to mention a drop of -81.12% in the past year of trading.

Insight into MicroAlgo Inc Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and MicroAlgo Inc [MLGO] shares currently have an operating margin of 3.72% and a Gross Margin at 28.40%. MicroAlgo Inc’s Net Margin is presently recorded at 7.13%.

MicroAlgo Inc [MLGO] Institutonal Ownership Details

There are presently around $2.32%, or 2.52%% of MLGO stock, in the hands of institutional investors.

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