MagneGas Corporation (NASDAQ:MNGA) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.
MagneGas Corporation (NASDAQ:MNGA) lost -4.85 Percent and closed its previous trading session at $0.32. The stock traded with the average Volume of 1.88 Million at the end of last session.
MagneGas Corporation (NASDAQ:MNGA) has the Market Capitalization of 5.66 Million. The Stock has its 52-week High of $22.950 and 52-Week Low of $ 0.310 and it touched its 52-week high on 07/20/17 and 52-Week Low on 07/09/18
The company reported its last earnings Actual EPS of $-0.52/share. While, the analyst predicted that the company could provide an EPS of $-0.3/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.22/share which shows an Earnings Surprise of -73.3 Percent.
Sell side analysts plays vital role in buying and selling a stock where 1 analysts rated MagneGas Corporation (NASDAQ:MNGA) as Buy, 0 analysts given Outperform signal, 0 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -15.39% where SMA50 and SMA200 are -32.95% and -89.31% respectively.
The company shows its Return on Assets (ROA) value of -140.6%. The Return on Equity (ROE) value stands at -201.6%. While it’s Return on Investment (ROI) value is -143.9%.
MagneGas Corporation (NASDAQ:MNGA) currently has a Weekly Volatility of 13.85% percent while its Monthly Volatility is at 23.93% percent. While talking about Performance of the Stock, MagneGas Corporation currently has a Weekly performance of -6.96%, monthly performance percentage is -24.06 percent, Quarterly performance is -59.05 percent, 6 months performance shows a percent value of -93.06% and Yearly Performance is -98.4 percent.
MagneGas Corporation is an alternative energy company that creates and produces hydrogen-based alternative fuel through the gasification of liquid waste. It produces MagneGas(TM), a natural gas alternative and metal working fuel that can be made from certain industrial, municipal, agricultural and military liquid wastes. The company’s patented Plasma Arc Flow process gasifies liquid waste, creating a hydrogen based fuel for use in metal working, cooking, heating, and for powering bi fuel automobiles. MagneGas Corporation is based in Tarpon Springs, Florida.