MGT Capital Investments Inc (MGT) Shares are Down -10.17%

MGT Capital Investments Inc (MGT) : During the past 4 weeks, traders have been relatively bearish on MGT Capital Investments Inc (MGT), hence the stock is down -14% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.22% relative to the S&P 500. The 4-week change in the price of the stock is -13.12% and the stock has fallen -10.17% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.66% and the 50-Day Moving Average is 2.27%. MGT Capital Investments Inc (NYSEMKT:MGT): stock turned positive on Friday. Though the stock opened at $3.2, the bulls momentum made the stock top out at $3.23 level for the day. The stock recorded a low of $3.1 and closed the trading day at $3.18, in the green by 2.91%. The total traded volume for the day was 1,258,899. The stock had closed at $3.09 in the previous days trading.


The company Insiders own 16% of MGT Capital Investments Inc shares according to the proxy statements. Institutional Investors own 0.96% of MGT Capital Investments Inc shares.

MGT Capital Investments, Inc. (MGT), through its subsidiaries, is engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space and social casino. The Company has four segments: Medicsight Software/Devices, Medicsight Services, Gaming and Intellectual Property. MGTs portfolio of assets in the online, mobile gaming and social casino gaming space includes, and Slot Champ. The Companys direct and indirect owned subsidiaries include MGT Gaming, Inc. (MGT Gaming), MGT Interactive LLC (MGT Interactive), Medicsight, Inc. (Medicsight), MGT Studios, Inc. (MGT Studios), M2P Americas, Inc., MGT Sports, Inc. (MGT Sports) and FanTD LLC, (FanTD).

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