Company Shares of MGT Capital Investments Inc Rally 44.96%

MGT Capital Investments Inc (NYSEMKT:MGT) has climbed 44.96% in the past week and advanced 18.97% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 46.7% and the outperformance has advanced to 17.88% for the last 4 weeks period.

MGT Capital Investments Inc (NYSEMKT:MGT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.73 and $3.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $3.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.45, notching a gain of 0.29% for the day. The total traded volume was 8,348,609 . The stock had closed at $3.44 on the previous day.

The company shares have rallied 858.33% from its 1 Year high price. On May 18, 2016, the shares registered one year high at $5.58 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $2.10 and the 200 Day Moving Average price is recorded at $0.72.

On the companys insider trading activities, The director officer (President, CEO, Interim CFO), of Mgt Capital Investments Inc, Ladd Robert had unloaded 190,903 shares at $2.48 per share in a transaction on May 25, 2016. The total value of transaction was $473,439. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Currently the company Insiders own 16% of MGT Capital Investments Inc shares according to the proxy statements. Institutional Investors own 0.73% 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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