MLGO

MicroAlgo

6.78 USD
-1.56
18.71%
At close Apr 17, 4:00 PM EDT
After hours
6.84
+0.06
0.88%
1 day
-18.71%
5 days
-57.97%
1 month
70.78%
3 months
296.49%
6 months
12.44%
Year to date
90.45%
1 year
-85.64%
5 years
-99.65%
10 years
-99.65%
 

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 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1,814% more capital invested

Capital invested by funds: $134K [Q3] → $2.57M (+$2.43M) [Q4]

4.02% more ownership

Funds ownership: 3.08% [Q3] → 7.1% (+4.02%) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 2

8% less funds holding

Funds holding: 12 [Q3] → 11 (-1) [Q4]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Research analyst outlook

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

Financial journalist opinion

Based on 6 articles about MLGO published over the past 30 days

Positive
Market Watch
3 weeks ago
MicroAlgo Shares Jump After WiMi Increases Stake
MicroAlgo shares were up 45% at $17.15 after WiMi Hologram Cloud said it has increased its stake in MicroAlgo to 67.65%.
MicroAlgo Shares Jump After WiMi Increases Stake
Neutral
PRNewsWire
3 weeks ago
WIMI Hologram Cloud Inc has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares.
BEIJING , March 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced it has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares. As of March 27, 2025, WIMI Hologram Cloud Inc holds 40,000 Class A ordinary shares, 1,810,658 Class A ordinary shares (restricted), and 44,878,261 Class B ordinary shares (restricted) of MicroAlgo Inc. (NASDAQ: MLGO) ("MicroAlgo Inc."), representing a total equity stake of 67.65% of MicroAlgo's total shares outstanding.
WIMI Hologram Cloud Inc has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares.
Negative
Schwab Network
3 weeks ago
Overlooked Stock: MLGO
MicroAlgo (MLGO) experienced lots of volatility in today's session. The algorithm solutions company was 15% higher at its trading peak before closing 15% lower.
Overlooked Stock: MLGO
Negative
24/7 Wall Street
3 weeks ago
Nasdaq Composite Today: CRWD, FCX Rise in Valiant Effort, MLGO Retreats
The markets are off to a volatile start, meandering between positive and negative ground.
Nasdaq Composite Today: CRWD, FCX Rise in Valiant Effort, MLGO Retreats
Neutral
GlobeNewsWire
3 weeks ago
MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
SHENZHEN, March 24, 2025 (GLOBE NEWSWIRE) -- MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
Neutral
PRNewsWire
4 weeks ago
MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
SHENZHEN, China , March 21, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the plan to issue more new shares, considering that MicroAlgo Inc. entered into a convertible bond purchase agreement with creditors on October 7, 2024, with a total amount of US$20 million. These bonds have a maturity period of 360 days.
MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.
Neutral
PRNewsWire
1 month ago
MicroAlgo Inc. Develops Multi-Simulator Collaborative Algorithm Based on Subgraph Isomorphism to Enhance Quantum Computer Performance Using Distributed Computing Advantages
SHENZHEN, China , March 17, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the introduction of an innovative solution: a multi-simulator collaborative algorithm based on subgraph isomorphism, aimed at overcoming the limitations of qubit numbers and leveraging the advantages of distributed computing to enhance the performance of quantum computers. The core concept of MicroAlgo's multi-simulator collaborative subgraph isomorphism algorithm is to decompose large quantum circuits into multiple smaller sub-circuits, leveraging parallel and distributed computing techniques to distribute computation tasks across multiple quantum computers or quantum simulators.
MicroAlgo Inc. Develops Multi-Simulator Collaborative Algorithm Based on Subgraph Isomorphism to Enhance Quantum Computer Performance Using Distributed Computing Advantages
Neutral
PRNewsWire
1 month ago
MicroAlgo Inc. Explores the Grover Quantum Search Algorithm, Utilizing Quantum Superposition and Interference Principles to Achieve Fast Target Information Location in Unordered Databases
SHENZHEN, China , March 14, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research and development team has improved the stability and practicality of the algorithm by optimizing the quantum circuit design, reducing the qubit error rate, which enhances the performance of the Grover algorithm in real-world applications. Throughout the entire technical process, MicroAlgo focuses on the stability and practicality of the algorithm.
MicroAlgo Inc. Explores the Grover Quantum Search Algorithm, Utilizing Quantum Superposition and Interference Principles to Achieve Fast Target Information Location in Unordered Databases
Neutral
PRNewsWire
1 month ago
MicroAlgo Inc. Develops Quantum Neural Networks Integrated with Grover's Algorithm to Enhance Big Data Search Efficiency
SHENZHEN, China , March 13, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research team has used quantum neural networks to classify and extract features from data in databases, focusing the search space on subsets that are more likely to contain the target. By leveraging feature extraction and pattern recognition techniques in quantum machine learning, they preprocess and filter the features of the database in advance, narrowing down the search range.
MicroAlgo Inc. Develops Quantum Neural Networks Integrated with Grover's Algorithm to Enhance Big Data Search Efficiency
Neutral
PRNewsWire
3 months ago
MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems
SHENZHEN, China , Jan. 2, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the development of an innovative hybrid algorithm that combines the advantages of classical and quantum computing to optimize Multi-Query Optimization (MQO) problems. Quantum computing is a technology that uses the principles of quantum mechanics to process information.
MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems
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