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MicroAlgo Inc

MicroAlgo Inc (MLGO)

1.81
-0.16
(-8.12%)
Closed 22 December 8:00AM
1.80
-0.01
(-0.55%)
After Hours: 11:58AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
1.80
Bid
1.70
Offer
2.02
Volume
1,326,744
1.77 Day's Range 1.94
0.12 52 Week Range 25.48
Market Cap
Previous Close
1.97
Open
1.916
Last Trade Time
Financial Volume
US$ 2,450,206
VWAP
1.8468
Average Volume (3m)
24,248,727
Shares Outstanding
9,972,839
Dividend Yield
-
PE Ratio
-0.07
Earnings Per Share (EPS)
-26.89
Revenue
580.02M
Net Profit
-268.21M

About MicroAlgo Inc

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 Int... 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 based in Shenzhen, the People's Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc. Show more

Sector
Computer Programming Service
Industry
Blank Checks
Headquarters
Grand Cayman, Cym
Founded
2022
MicroAlgo Inc is listed in the Computer Programming Service sector of the NASDAQ with ticker MLGO. The last closing price for MicroAlgo was US$1.97. Over the last year, MicroAlgo shares have traded in a share price range of US$ 0.12 to US$ 25.48.

MicroAlgo currently has 9,972,839 shares in issue. The market capitalisation of MicroAlgo is US$19.65 million. MicroAlgo has a price to earnings ratio (PE ratio) of -0.07.

MLGO Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.65-26.53061224492.453.841.7536084402.17438969CS
41.6321972.0667063730.16793.840.12165084040.3034965CS
121.566500.243.840.12242487270.30426568CS
26-2.24-55.44554455454.0425.480.12222240181.66602196CS
52-13.9-88.535031847115.725.480.12143048483.14068212CS
156-98.3-98.2017982018100.17150.1254451157.78169356CS
260-95.7-98.153846153897.57150.1244199797.86953839CS

MLGO - Frequently Asked Questions (FAQ)

What is the current MicroAlgo share price?
The current share price of MicroAlgo is US$ 1.80
How many MicroAlgo shares are in issue?
MicroAlgo has 9,972,839 shares in issue
What is the market cap of MicroAlgo?
The market capitalisation of MicroAlgo is USD 19.65M
What is the 1 year trading range for MicroAlgo share price?
MicroAlgo has traded in the range of US$ 0.12 to US$ 25.48 during the past year
What is the PE ratio of MicroAlgo?
The price to earnings ratio of MicroAlgo is -0.07
What is the cash to sales ratio of MicroAlgo?
The cash to sales ratio of MicroAlgo is 0.03
What is the reporting currency for MicroAlgo?
MicroAlgo reports financial results in CNY
What is the latest annual turnover for MicroAlgo?
The latest annual turnover of MicroAlgo is CNY 580.02M
What is the latest annual profit for MicroAlgo?
The latest annual profit of MicroAlgo is CNY -268.21M
What is the registered address of MicroAlgo?
The registered address for MicroAlgo is 4TH FLOOR, HARBOUR PLACE, 103 SOUTH CHURCH STREET, P.O. BOX 10240, GRAND CAYMAN, KY1-1002
Which industry sector does MicroAlgo operate in?
MicroAlgo operates in the BLANK CHECKS sector

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MLGO Discussion

View Posts
Spuds McKenz66 Spuds McKenz66 1 day ago
buck 60 is 8 cents MLGO
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Spuds McKenz66 Spuds McKenz66 4 days ago
she booms to 25 in late jan maybe sooner MLGO
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Spuds McKenz66 Spuds McKenz66 5 days ago
so, a lot of USA stocks are crap too, r/s always go down and rebound like mad dog money, wait for it, or don't, tig you are negative all the time. my Dad is negative too huge lol drives me nuts MLGO
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tigerpac tigerpac 5 days ago
I'd say 90% of China based companies fail in the US stock market. Everyone believes they will find the next Alibaba and it's rarely the case.   Funds get repatriated back to China so these guys can pay back all the companies that are part of the main holding company and then they pocket the rest to split with government official's. 

Naivity can be dangerous to your wallet.
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Spuds McKenz66 Spuds McKenz66 6 days ago
lol cut it out bc its Chinese , r/s always go down 1.88 almost 9 cents , could see 1.50 7/8 cents MLGO
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subslover subslover 6 days ago
I Bought it at $1.90. I think anything under $2.00 is like taking candy from a baby!❤️
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tigerpac tigerpac 6 days ago
Timber, as predicted.

Will it have wild, future moves? Sure, but the overall trend is down imo.

R/S Chinese company. What could go wrong?
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Spuds McKenz66 Spuds McKenz66 6 days ago
60 million in cash , 2 bucks is 10 cents , lets go baby MLGO
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Moonboy1 Moonboy1 6 days ago
Like that will be in time? Right
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Monksdream Monksdream 6 days ago
MLGO, 10Q due 12/16 per Seeking Alpha weekend report
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flaw5 flaw5 1 week ago
I really have no idea what they are up to. No updates, No news, No communications............
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Moonboy1 Moonboy1 1 week ago
I thought this company had a ton of cash.
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flaw5 flaw5 1 week ago
It is brand new start. Hopefully next year will bring some fortune despite the shakiness of this stock.
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Spuds McKenz66 Spuds McKenz66 1 week ago
it was a nice run buy under 2 MLGO
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Moonboy1 Moonboy1 1 week ago
This may be the worst reverse split I've ever seen. Usually they at least run up more than an hour or so like this one did. Thank goodness I didn't get carried away here
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Moonboy1 Moonboy1 1 week ago
I bought like 10 shares this morning just to see what this does. I'll be selling them Monday because I don't want to waste a day trade in this pos. I won't be back here. This is pathetic really. Glad I didn't go in big here. What a disaster.
👍️ 1
Spuds McKenz66 Spuds McKenz66 1 week ago
Read my posts I said they are bumming money lol friggin losers , they need for a joint venue with WIMI
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tigerpac tigerpac 1 week ago
I wouldn't lean too hard on that thesis Spud. A lot of cash is getting repatriated back to the Mainland.
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Spuds McKenz66 Spuds McKenz66 1 week ago
LOAD THE BOAT TEAM , FLOAT THIS BOAT TO THE MOOON BABY , DRILL BABY DRILL MLGO
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Spuds McKenz66 Spuds McKenz66 1 week ago
No way not with a Trump economy on the Horizon MLGO
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subslover subslover 1 week ago
This went into EFFECT on 12/10/24
Subject to Completion, dated November 29, 2024



Up to US$300,000,000 of

Ordinary Shares, Preferred Shares, Debt Securities, Warrants, Rights and Units

https://www.otcmarkets.com/filing/html?id=18013428&guid=E3Y-kqbNqZT6Jth

MicroAlgo Inc.
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tigerpac tigerpac 1 week ago
Wouldn't be surprised in the least to see the stock close below $2.80 today and continue down the rest of the year.
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Spuds McKenz66 Spuds McKenz66 1 week ago
CALM DOWN TIG MLGO
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tigerpac tigerpac 1 week ago
So after the reverse split, company has 40 million Class A shares authorized and 10 million shares outstanding.

6 million shares have already traded in first 30 min.   My guess is the company is also diluting new shares into the market to capitalize on folks who think this stock is breaking out. Might be the easiest money they ever raised!
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TrendTrade2016 TrendTrade2016 1 week ago
MLGI POST SPLIT CHINA BEAST
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Spuds McKenz66 Spuds McKenz66 1 week ago
2.38 close to 10 cents , maybe the low is in and we go 30 bucks now MLGO
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Spuds McKenz66 Spuds McKenz66 1 week ago
GL FOLKS , I hope MLGO can finally do biz and stop bumming money
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Spuds McKenz66 Spuds McKenz66 1 week ago
so try and buy at 1.95 like 9 cents , cheap cheap MLGO
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Spuds McKenz66 Spuds McKenz66 1 week ago
15 CENTS YOU SCAMMERS LOL OK
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Spuds McKenz66 Spuds McKenz66 1 week ago
i'm holding whatever hope they get things together , frigin 25 bucks wth lol made 6k so far. 13 cents insane. criminal. MLGO
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adam123 adam123 1 week ago
Who's holding during r/s?
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Arnold25764 Arnold25764 1 week ago
Alright
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Spuds McKenz66 Spuds McKenz66 1 week ago
On December 13th MLGO
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Arnold25764 Arnold25764 1 week ago
When is the r/s?
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
or we get screwed out of our money , I hope they can become a solid company MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
Ya after the rs, like 20 cents rs 4 dollars drops 2 dollars which is the 10 cents, and then booms ,so you may be right too, after rs may just go crazy upwards with news MLGO ... I want more shares as soon as I get my xmas bonus.
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flaw5 flaw5 2 weeks ago
That is where you predicted it would be going. Right??
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
10 cents getting close , dam MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
A insanely beautiful title, MicroAlgo Inc. such a shame you have to sponge off your shareholders? make us proud. yes? I am watching everything MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
10 cents lets go MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
If I can make 20k that'll be fine MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
jan/feb 2025 will be good , fingers crossed MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
buy more when it sinks 40/50% 10 CENTS and make a boat load MLGO 10/12 bucks 5 bagger
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flaw5 flaw5 2 weeks ago
Hoping it will take off big time after the RS.
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
rock and roll flaw ,

When the Share Consolidation becomes effective, every 20 share of the Company’s issued and outstanding Ordinary Shares will be combined into 1 issued and outstanding Ordinary Share. This will reduce the number of outstanding Class A Ordinary Shares from 199,456,799 shares (as predesignated pursuant to the adopted proposals) to 9,972,839 shares, after giving effect to the treatment of fractional shares described below.
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flaw5 flaw5 2 weeks ago
How does that affect the future performance of the stock? Can you please elaborate? Thanks.
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
I paid .37 will BUY a bunch more after Xmas .... Our ordinary shares are listed on the NASDAQ Capital Market as β€œMLGO”. On November 29, 2024, the highest closing price of our ordinary shares during the last 60 days was $0.37 on October 14, 2024. As a result, On October 14, 2024, the aggregate market value of our issued and outstanding ordinary shares held by non-affiliates as of is approximately US$31,979,308, based on 86,430,562 ordinary shares held by non-affiliates as of such date. MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
Ya true tig, tech will explode, maybe MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
just ignore it for 2 years MLGO
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adam123 adam123 3 weeks ago
Best entry point 
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