MagneGas Applied Technology Solutions, Inc. (MNGA) Analysts See $-0.12 EPS

November 10, 2018 - By Michael Collier

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 10.36M 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: Globenewswire.com which released: “MagneGas Generates $0.9 Million in Sales for September” on October 17, 2018, also Seekingalpha.com with their article: “MagneGas expands into medical gases” published on October 29, 2018, Nasdaq.com published: “MagneGas Submits €2.5 Million Horizon 2020 Grant for Fourth Generation Gasification” on November 08, 2018. More interesting news about MagneGas Applied Technology Solutions, Inc. (NASDAQ:MNGA) were released by: Globenewswire.com and their article: “MagneGas Announces Second USDA Demonstration Day” published on October 23, 2018 as well as Seekingalpha.com‘s news article titled: “MagneGas up 10.7% on 260% rise in September sales” with publication date: October 17, 2018.

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