Next report date
Report period
Q2 2024
EPS estimate
0.01CNY
Revenue estimate
920.58 MCNY
−1.59CNY
−607.50 MCNY
2.89 BCNY
240.34 M
About MGI TECH
Sector
Industry
CEO
Feng Mou
Website
Headquarters
Shenzhen
Employees (FY)
2.87 K
Founded
2016
ISIN
CNE100005PC8
FIGI
BBG00YG56B05
MGI Tech Co., Ltd. engages in the research and development, production, and sale of DNA sequencing instruments, reagents, and related products to support life science research, agriculture, precision medicine and healthcare. It produces clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. Its products and services cover the following sectors: Gene Sequencer Business, Laboratory Automation Business, and New Business. The Gene Sequencer Business includes gene sequencer and supporting equipment, and sequencing kit reagents. The Laboratory Automation Business is comprised of the automated sample processing system, laboratory automation assembly line, and sample processing reagent consumables. The New Business focuses on cytomics solutions, remote ultrasonic robot, and BIT products. The company was founded on April 13, 2016 and is headquartered in Shenzhen, China.
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Frequently Asked Questions
The current price of 688114 is 58.20 CNY — it has increased by 1.32% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SSE exchange MGI TECH stocks are traded under the ticker 688114.
MGI TECH is going to release the next earnings report on Aug 16, 2024. Keep track of upcoming events with our Earnings Calendar.
688114 stock is 4.42% volatile and has beta coefficient of 0.97. Check out the list of the most volatile stocks — is MGI TECH there?
688114 earnings for the last quarter are −0.99 CNY per share, whereas the estimation was −1.03 CNY resulting in a 3.88% surprise. The estimated earnings for the next quarter are −0.24 CNY per share. See more details about MGI TECH earnings.
MGI TECH revenue for the last quarter amounts to 707.00 M CNY despite the estimated figure of 816.99 M CNY. In the next quarter revenue is expected to reach 609.98 M CNY.
Yes, you can track MGI TECH financials in yearly and quarterly reports right on TradingView.
688114 stock has risen by 10.63% compared to the previous week, the month change is a 1.57% fall, over the last year MGI TECH has showed a 25.85% decrease.
688114 net income for the last quarter is −200.99 M CNY, while the quarter before that showed −409.72 M CNY of net income which accounts for 50.95% change. Track more MGI TECH financial stats to get the full picture.
Today MGI TECH has the market capitalization of 45.66 B, it has decreased by 1.81% over the last week.
Yes, 688114 dividends are paid annually. The last dividend per share was 0.36 CNY. As of today, Dividend Yield (TTM)% is 0.63%. Tracking MGI TECH dividends might help you take more informed decisions.
Like other stocks, 688114 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MGI TECH stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 30, 2024, the company has 2.87 K employees. See our rating of the largest employees — is MGI TECH on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MGI TECH technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MGI TECH stock shows the sell signal. See more of MGI TECH technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MGI TECH future price: according to them, 688114 price has a max estimate of 93.00 CNY and a min estimate of 50.70 CNY. Read a more detailed MGI TECH forecast: see what analysts think of MGI TECH and suggest that you do with its stocks.