Insider Selling: MGT Capital Investments Inc. (MGTI) Director Sells 100,000 Shares of Stock

MGT Capital Investments Inc. (OTCMKTS:MGTI) Director Nolan K. Bushnell sold 100,000 shares of MGT Capital Investments stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $4.68, for a total transaction of $468,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

MGT Capital Investments Inc. (OTCMKTS:MGTI) opened at $4.75 on Friday. MGT Capital Investments Inc. has a 52-week low of $0.46 and a 52-week high of $8.14. The company has a market cap of $230.68, a price-to-earnings ratio of -4.75 and a beta of 2.14.

Separately, ValuEngine raised shares of MGT Capital Investments from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st.

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About MGT Capital Investments

MGT Capital Investments, Inc is engaged in acquiring and developing a diverse portfolio of cyber security technologies. The Company addresses various cyber threats through protection technologies for mobile and personal tech devices, as well as corporate networks. It is also engaged in mining Bitcoin.

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