EPS for MagneGas Applied Technology Solutions, Inc. (MNGA) Expected At $-0.12

November 10, 2018 - By Jimmy Baldridge

MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) Logo

Analysts expect MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) to report $-0.12 EPS on November, 21.They anticipate $5.73 EPS change or 97.95 % from last quarter’s $-5.85 EPS. After having $-0.21 EPS previously, MagneGas Applied Technology Solutions, Inc.’s analysts see -42.86 % EPS growth. The stock decreased 4.04% or $0.01 during the last trading session, reaching $0.28. About 10.36 million shares traded. MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) has declined 98.45% since November 11, 2017 and is downtrending. It has underperformed by 114.07% the S&P500.

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 $35.30 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.

More notable recent MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) news were published by: Seekingalpha.com which released: “MagneGas up 10.7% on 260% rise in September sales” on October 17, 2018, also Globenewswire.com with their article: “MagneGas Completes Acquisition of Texas Welding Supply Company” published on October 22, 2018, Seekingalpha.com published: “MagneGas expands into medical gases” on October 29, 2018. More interesting news about MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) were released by: Nasdaq.com and their article: “MagneGas Submits €2.5 Million Horizon 2020 Grant for Fourth Generation Gasification” published on November 08, 2018 as well as Globenewswire.com‘s news article titled: “MagneGas Generates $0.9 Million in Sales for September” with publication date: October 17, 2018.

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