NASDAQ
MLGO

MicroAlgo Inc.

Software-Infrastructure
Technology

Prices are adjusted according to historical splits.

MicroAlgo Inc. Stock Price

Vitals

Today's Low:
$2.233
Today's High:
$3.36
Open Price:
$2.35
52W Low:
$1.12
52W High:
$14.1
Prev. Close:
$2.35
Volume:
60070

Company Statistics

Market Cap.:
$129.82 million
Book Value:
9.95
Revenue TTM:
$549.78 million
Operating Margin TTM:
-7.23%
Gross Profit TTM:
$213.65 million
Profit Margin:
-18.66%
Return on Assets TTM:
-4.65%
Return on Equity TTM:
-26.08%

Company Profile

MicroAlgo Inc. had its IPO on 2021-04-13 under the ticker symbol MLGO.

The company operates in the Technology sector and Software-Infrastructure industry. MicroAlgo Inc. has a staff strength of 125 employees.

Stock update

Shares of MicroAlgo Inc. opened at $2.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.23 - $3.36, and closed at $2.89.

This is a +22.98% increase from the previous day's closing price.

A total volume of 60,070 shares were traded at the close of the day’s session.

In the last one week, shares of MicroAlgo Inc. have slipped by -3.02%.

MicroAlgo Inc.'s Key Ratios

MicroAlgo Inc. has a market cap of $129.82 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months MicroAlgo Inc.’s revenue was $549.78 million with a gross profit of $213.65 million and an EBITDA of $-34121452. The EBITDA ratio measures MicroAlgo Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MicroAlgo Inc.’s operating margin was -7.23% while its return on assets stood at -4.65% with a return of equity of -26.08%.

In Q2, MicroAlgo Inc.’s quarterly earnings growth was a negative -89.7% while revenue growth was a negative 29%.

MicroAlgo Inc.’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.36 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MicroAlgo Inc.’s profitability.

MicroAlgo Inc. stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

MicroAlgo Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$71.82 million
Total Liabilities
$11.61 million
Operating Cash Flow
$0
Capital Expenditure
$54464
Dividend Payout Ratio
0%

MicroAlgo Inc. ended 2024 with $71.82 million in total assets and $0 in total liabilities. Its intangible assets were valued at $71.82 million while shareholder equity stood at $60.41 million.

MicroAlgo Inc. ended 2024 with $0 in deferred long-term liabilities, $11.61 million in other current liabilities, 43857.00 in common stock, $14.42 million in retained earnings and $14.71 million in goodwill. Its cash balance stood at $19.19 million and cash and short-term investments were $19.19 million. The company’s total short-term debt was $1,226,639 while long-term debt stood at $0.

MicroAlgo Inc.’s total current assets stands at $55.87 million while long-term investments were $166072.00 and short-term investments were $0. Its net receivables were $30.24 million compared to accounts payable of $4.91 million and inventory worth $0.00.

In 2024, MicroAlgo Inc.'s operating cash flow was $0 while its capital expenditure stood at $54464.

Comparatively, MicroAlgo Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$2.89
52-Week High
$14.1
52-Week Low
$1.12
Analyst Target Price
$

MicroAlgo Inc. stock is currently trading at $2.89 per share. It touched a 52-week high of $14.1 and a 52-week low of $14.1. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.45 and 200-day moving average was $2.67 The short ratio stood at 12.29 indicating a short percent outstanding of 0%.

Around 9545% of the company’s stock are held by insiders while 16.5% are held by institutions.

Frequently Asked Questions About MicroAlgo Inc.

The stock symbol (also called stock or share ticker) of MicroAlgo Inc. is MLGO

The IPO of MicroAlgo Inc. took place on 2021-04-13

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About

MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is headquartered in Shenzhen, the People’s Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc.

Address

, Cayman Islands