MagneGas (MNGA) Reaches $0.59 Yearly Low; STARTMONDAY TECHNOLOGY ORDINARY SH (STMDF) Shorts Lowered By 99.72%

May 16, 2018 - By Clifton Ray

MagneGas Corporation (NASDAQ:MNGA) Logo

STARTMONDAY TECHNOLOGY CORP ORDINARY SH (OTCMKTS:STMDF) had a decrease of 99.72% in short interest. STMDF’s SI was 100 shares in May as released by FINRA. Its down 99.72% from 35,300 shares previously. The stock increased 2.98% or $0.0038 during the last trading session, reaching $0.1301. About 2,051 shares traded. StartMonday Technology Corp. (OTCMKTS:STMDF) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.




The stock of MagneGas Corporation (NASDAQ:MNGA) hit a new 52-week low and has $0.56 target or 6.00% below today’s $0.59 share price. The 7 months bearish chart indicates high risk for the $6.71M company. The 1-year low was reported on May, 16 by Barchart.com. If the $0.56 price target is reached, the company will be worth $402,840 less. The stock decreased 7.80% or $0.05 during the last trading session, reaching $0.591. About 522,776 shares traded. MagneGas Corporation (NASDAQ:MNGA) has declined 98.55% since May 16, 2017 and is downtrending. It has underperformed by 110.10% the S&P500.

StartMonday Technology Corp. engages in candidate selection solutions for employers in the retail and hospitality sectors primarily in Europe. The company has market cap of $9.50 million. It hosts the application software on third-party servers. It currently has negative earnings.

More recent MagneGas Corporation (NASDAQ:MNGA) news were published by: Seekingalpha.com which released: “MagneGas’ (MNGA) CEO Ermanno Santilli on Q1 2018 Results – Earnings Call Transcript” on May 15, 2018. Also Streetinsider.com published the news titled: “MagneGas (MNGA) Announces Successful USDA Demonstration” on May 14, 2018. Streetinsider.com‘s news article titled: “Form 8-K MAGNEGAS CORP For: May 15” with publication date: May 16, 2018 was also an interesting one.

MagneGas Corporation, an alternative energy company, creates and produces hydrogen based alternative fuel through the gasification of liquid and liquid waste in the United States and internationally. The company has market cap of $6.71 million. The firm produces gas bottled in cylinders and distributes to the metalworking market as an alternative to acetylene. It currently has negative earnings. It offers MagneGas2, a hydrogen based fuel for metal cutting; and MagneTote, a metal cutting torch system primarily used in the firefighting industry.

Analysts await MagneGas Corporation (NASDAQ:MNGA) to report earnings on May, 21. They expect $-0.30 EPS, up 93.33% or $4.20 from last year’s $-4.5 per share.

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