MGT Capital Investments Inc (MGT) Shares are Down -1.71%

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 -39.16% 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 -1.87% relative to the S&P 500. The 4-week change in the price of the stock is -39.49% and the stock has fallen -1.71% in the past 1 week.

The stock has recorded a 20-day Moving Average of 29.42% and the 50-Day Moving Average is 34.37%.The 200 Day SMA reached 21.89%


MGT Capital Investments Inc (NYSEMKT:MGT): The stock opened in the green at $2.07 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $2.11 and a low of $2.01 for the day. The stock did not find buyers even at the lows and closed at $2.015 recording a loss of -3.13%. 695,794 shares exchanged hands during the trading day. The stock had closed at $2.015 in the previous days trading.

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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