MGT Capital Investments Stock

MGT Capital Investments P/E 2024

MGT Capital Investments P/E

-0.57

Ticker

MGTI

ISIN

US55302P2020

WKN

A1JVV8

As of Nov 1, 2024, MGT Capital Investments's P/E ratio was -0.57, a -55.81% change from the -1.29 P/E ratio recorded in the previous year.

The MGT Capital Investments P/E history

MGT Capital Investments Aktienanalyse

What does MGT Capital Investments do?

MGT Capital Investments Inc. is a US company that specializes in the cryptocurrency sector. It was founded in 1979 under the name MGT Industries Inc. and originally focused on manufacturing computer systems and network technologies. However, in 2015, the company underwent a strategic realignment towards the crypto market when it acquired Demonsaw LLC, a platform for encrypted peer-to-peer communication. The company was subsequently acquired by John McAfee, a well-known name in the computer and internet security industry. MGT Capital Investments' business model is focused on developing innovative technologies and solutions for the crypto sector. The company aims to consolidate and expand its position as a market leader in this field. To achieve this goal, MGT operates in multiple business areas. One important branch is the mining sector, where the company mines cryptocurrencies such as Bitcoin or Ethereum by providing computing power. MGT uses a wide portfolio of mining hardware and special algorithms to ensure optimal machine utilization. MGT has also expanded its mining activities to other cryptocurrencies such as Zcash or Monero. Another business segment of MGT is cybersecurity. The company is dedicated to the development of tools and systems for securing networks and data against cyber attacks and threats. MGT utilizes technologies such as blockchain to enhance network security. One particularly innovative product of MGT is the MGT Sentinel, a security platform based on blockchain technology. The Sentinel is designed to help companies and organizations protect themselves against cyber attacks such as ransomware or malware. The system constantly monitors the network for unusual activities or suspicious incidents. In the event of a security breach, the Sentinel interrupts the relevant connections and alerts network administrators. In addition to these main business areas, MGT is also involved in various other activities and projects. For example, the company operates a joint venture with Nordic IT, a Norwegian technology company specializing in blockchain solutions for the telecommunications industry. MGT also holds stakes in a number of startups in the crypto sector, such as the crypto wallet provider Bit7pay. In summary, MGT Capital Investments Inc. is a company specializing in the development and provision of technologies and solutions for the crypto market. Its main focus is on mining and cybersecurity, but it is also involved in other activities such as joint ventures and investments in startups. MGT aims to consolidate its position as a leading provider in this field and drive the industry forward through innovative products and solutions. MGT Capital Investments ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering MGT Capital Investments's P/E Ratio

The Price to Earnings (P/E) Ratio of MGT Capital Investments is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing MGT Capital Investments's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of MGT Capital Investments is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in MGT Capital Investments’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about MGT Capital Investments stock

What is the price-to-earnings ratio of MGT Capital Investments?

The price-earnings ratio of MGT Capital Investments is currently -0.57.

How has the price-earnings ratio of MGT Capital Investments changed compared to last year?

The price-to-earnings ratio of MGT Capital Investments has increased by -55.81% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of MGT Capital Investments high compared to other companies?

Yes, the price-to-earnings ratio of MGT Capital Investments is high compared to other companies.

How does an increase in the price-earnings ratio of MGT Capital Investments affect the company?

An increase in the price-earnings ratio of MGT Capital Investments would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of MGT Capital Investments affect the company?

A decrease in the price-earnings ratio of MGT Capital Investments would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of MGT Capital Investments?

Some factors that influence the price-earnings ratio of MGT Capital Investments are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does MGT Capital Investments pay?

Over the past 12 months, MGT Capital Investments paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, MGT Capital Investments is expected to pay a dividend of 0 USD.

What is the dividend yield of MGT Capital Investments?

The current dividend yield of MGT Capital Investments is .

When does MGT Capital Investments pay dividends?

MGT Capital Investments pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of MGT Capital Investments?

MGT Capital Investments paid dividends every year for the past 0 years.

What is the dividend of MGT Capital Investments?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is MGT Capital Investments located?

MGT Capital Investments is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von MGT Capital Investments kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MGT Capital Investments from 11/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/1/2024.

When did MGT Capital Investments pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of MGT Capital Investments in the year 2023?

In the year 2023, MGT Capital Investments distributed 0 USD as dividends.

In which currency does MGT Capital Investments pay out the dividend?

The dividends of MGT Capital Investments are distributed in USD.

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Andere Kennzahlen von MGT Capital Investments

Our stock analysis for MGT Capital Investments Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MGT Capital Investments Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.