MLGO

MicroAlgo

1.81 USD
-0.16
8.12%
At close Dec 20, 4:00 PM EST
After hours
1.80
-0.01
0.55%
1 day
-8.12%
5 days
-19.20%
1 month
-46.29%
3 months
-55.20%
6 months
-97.78%
Year to date
-98.91%
1 year
-99.41%
5 years
-99.78%
10 years
-99.78%
 

About: MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips and services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.

Employees: 86

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

700% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 1

140% more funds holding

Funds holding: 5 [Q2] → 12 (+7) [Q3]

2.91% more ownership

Funds ownership: 0.17% [Q2] → 3.08% (+2.91%) [Q3]

37% less capital invested

Capital invested by funds: $212K [Q2] → $134K (-$78.2K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for MLGO.

Financial journalist opinion

Positive
MarketBeat
5 months ago
MicroAlgo Inc.: What Caused the Stock to Surge Over 200%?
MicroAlgo Inc. NASDAQ: MLGO has captured the attention of investors and analysts with a 200% surge in its stock price. This dramatic increase coincided with a shareholder update and MicroAlgo's news of a significant investment by Masaya Otsuka.
MicroAlgo Inc.: What Caused the Stock to Surge Over 200%?
Positive
InvestorPlace
5 months ago
Why Is MicroAlgo (MLGO) Stock Up 113% Today?
MicroAlgo (NASDAQ: MLGO ) stock is rocketing higher on Monday alongside news of Masaya Otsuka taking a 13.56% stake in the company. This comes from 700,000 shares of MLGO stock that were acquired by Otsuka.
Why Is MicroAlgo (MLGO) Stock Up 113% Today?
Neutral
InvestorPlace
6 months ago
Why Is MicroAlgo (MLGO) Stock Down 32% Today?
MicroAlgo (NASDAQ: MLGO ) stock is down on Wednesday but it's less to do with bad news and more to do with the shares coming off of a recent rally. Investors will note that shares of MLGO stock soared 669.9% during normal trading hours on Tuesday.
Positive
InvestorPlace
6 months ago
5 Investors Betting on MicroAlgo (MLGO) Stock in Q1
Shares of MicroAlgo (NASDAQ: MLGO ) stock are surging higher by over 650% after the company announced that it would establish a micro-consciousness quantum research center in collaboration with WiMi (NASDAQ: WIMI ), its parent company. The research center will combine several disciplines, including physics, polymer chemistry and philosophy, in order to advance the study of consciousness.
Positive
Invezz
6 months ago
MicroAlgo stock soared 500% on Tuesday: what happened?
MicroAlgo Inc (NASDAQ: MLGO) soared an eye-popping 500% today after announcing a new agreement with WiMi Hologram Cloud Inc (NASDAQ: WIMI). Details of MicroAlgo-WiMi collaboration The bespoke central processing algorithms company has teamed up with WiMi to “jointly establish a micro-conscious quantum research centre”, as per a press release on Tuesday.
MicroAlgo stock soared 500% on Tuesday: what happened?
Positive
InvestorPlace
6 months ago
Why Is MicroAlgo (MLGO) Stock Up 162% Today?
MicroAlgo (NASDAQ: MLGO ) stock is up on Tuesday after the central processing algorithm solutions company announced a joint micro-consciousness quantum research center with WIMI (NASDAQ: WIMI ). MicroAlgo says that its joint research center with WIMI will cover physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other forms of research.
Neutral
PRNewsWire
6 months ago
MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)
BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.
MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)
Neutral
PRNewsWire
6 months ago
WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo
BEIJING , June 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.
WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo
Positive
Invezz
8 months ago
MicroAlgo stock opened 60% up on Monday: what happened?
MicroAlgo (NASDAQ: MLGO) opened a whopping 60% up on Monday after announcing a “deep clustering algorithm based on multi-level feature fusion”. MicroAlgo stock still down materially year-to-date The new algorithm solves issues related to “data dimensionality disaster and feature redundancy, the central processing algorithm solutions company said in a press release today.
Positive
InvestorPlace
8 months ago
Why Is MicroAlgo (MLGO) Stock Up 68% Today?
MicroAlgo (NASDAQ: MLGO ) stock is on the rise Monday after the central processing algorithm solutions company announced its creation of a deep clustering algorithm based on multi-level feature fusion. According to a press release from MicroAlgo, its new deep clustering algorithm solves some problems present in current models.
Why Is MicroAlgo (MLGO) Stock Up 68% Today?
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