MGT Capital Investments Inc (MGTI) Upgraded by ValuEngine to Hold

MGT Capital Investments Inc (OTCMKTS:MGTI) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a report released on Thursday.

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In other news, Director Hugh Robert Holmes sold 100,000 shares of the stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $3.85, for a total transaction of $385,000.00. Following the transaction, the director now owns 788,819 shares of the company’s stock, valued at approximately $3,036,953.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 36.60% of the stock is currently owned by corporate insiders.

MGT Capital Investments Company Profile

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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