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MicroAlgo Inc

MicroAlgo Inc (MLGO)

0.8601
-0.2399
(-21.81%)
0.8511
-0.009
( -1.05% )

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Key stats and details

Current Price
0.8511
Bid
0.8505
Ask
0.8511
Volume
61,356,131
0.85 Day's Range 0.9759
0.85 52 Week Range 509.60
Market Cap
Previous Close
1.10
Open
0.945
Last Trade Time
18:15:21
Financial Volume
$ 55,981,549
VWAP
0.912404
Average Volume (3m)
33,964,731
Shares Outstanding
69,076,285
Dividend Yield
-
PE Ratio
1.54
Earnings Per Share (EPS)
0.56
Revenue
541.49M
Net Profit
38.61M

About MicroAlgo Inc

MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Int... MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is based in Shenzhen, the People's Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc. Show more

Sector
Computer Programming Service
Industry
Blank Checks
Headquarters
Grand Cayman, Cym
Founded
2022
MicroAlgo Inc is listed in the Computer Programming Service sector of the NASDAQ with ticker MLGO. The last closing price for MicroAlgo was $1.10. Over the last year, MicroAlgo shares have traded in a share price range of $ 0.85 to $ 509.60.

MicroAlgo currently has 69,076,285 shares outstanding. The market capitalization of MicroAlgo is $75.98 million. MicroAlgo has a price to earnings ratio (PE ratio) of 1.54.

MLGO Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.3389-28.47899159661.191.250.85313046591.1201CS
4-0.9389-52.45251396651.792.630.85466180501.50676473CS
12-2.149-71.63094563513.000132.40.85339647317.00677092CS
26-1.5989-65.26122448982.4532.40.85238821116.34309522CS
52-85.3489-99.012645011686.2509.60.852317410819.91822242CS
156-2045.1489-99.95840175952046143000.85931474593.30522627CS
260-1949.1489-99.95635384621950143000.85668948094.90801127CS

MLGO - Frequently Asked Questions (FAQ)

What is the current MicroAlgo share price?
The current share price of MicroAlgo is $ 0.8511
How many MicroAlgo shares are in issue?
MicroAlgo has 69,076,285 shares in issue
What is the market cap of MicroAlgo?
The market capitalisation of MicroAlgo is USD 75.98M
What is the 1 year trading range for MicroAlgo share price?
MicroAlgo has traded in the range of $ 0.85 to $ 509.60 during the past year
What is the PE ratio of MicroAlgo?
The price to earnings ratio of MicroAlgo is 1.54
What is the cash to sales ratio of MicroAlgo?
The cash to sales ratio of MicroAlgo is 0.11
What is the reporting currency for MicroAlgo?
MicroAlgo reports financial results in CNY
What is the latest annual turnover for MicroAlgo?
The latest annual turnover of MicroAlgo is CNY 541.49M
What is the latest annual profit for MicroAlgo?
The latest annual profit of MicroAlgo is CNY 38.61M
What is the registered address of MicroAlgo?
The registered address for MicroAlgo is 4TH FLOOR, HARBOUR PLACE, 103 SOUTH CHURCH STREET, P.O. BOX 10240, GRAND CAYMAN, KY1-1002
Which industry sector does MicroAlgo operate in?
MicroAlgo operates in the BLANK CHECKS sector

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MLGO Discussion

View Posts
flaw5 flaw5 5 hours ago
Luck is not on my side. I jumped back in couple months ago and hope there will be another spike. But instead, there is another RS. I am out. Take quite a loss.
👍️0
subslover subslover 8 hours ago
And the SEC allows them to do these 😗
👍️0
lflhdy lflhdy 8 hours ago
Just another scam like their sister stock HOLO.
👍️0
subslover subslover 8 hours ago
Your memory is short. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176315533
👍️0
otterman otterman 8 hours ago
You just said the same thing I did!

Are you the CEO?
👍️0
subslover subslover 9 hours ago
Wrong! The exact opposite. For every 30 shares you own converts to 1 share after R/S 🤣
👍️0
otterman otterman 9 hours ago
WTH are they babbling here. Company cant even say it correctly.

Its a 1 for 30 RS (or consolidation), no need for all that other crap.

Its like theyre trying to confuse people from seeing that theyre doing an RS.

And stating a par value of .20, now the market thinks thats the RS point so down we go!!!

Ive seen creative financing, but creative NRing???
👹 1 👺 1 🤣 1
subslover subslover 9 hours ago
30 for 1 R/S to come in July: To the Shareholders of MicroAlgo Inc:



NOTICE IS HEREBY GIVEN, that you are cordially invited to attend an extraordinary general meeting (the “Extraordinary Meeting”) of shareholders of MicroAlgo Inc., a Cayman Islands exempted company with limited liability (the “Company,” “we,” “us” or “our”). The Extraordinary Meeting is to be held at Company headquarters located at Unit 507, Building C, Taoyuan Street, Long Jing High and New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, People’s Republic of China, at 9:00 a.m., Beijing time, on Wednesday, July 2, 2025, and at any adjournment or adjournments thereof, at which the following will be proposed:



1.
As an ordinary resolution, to undertake a 30-for-1 share consolidation of the issued and unissued shares of the Company, such that (i) every thirty (30) Class A Ordinary Shares of a par value of US$0.2 each be consolidated into one (1) Class A Ordinary Share with a par value of US$6.00 each, and (ii) every thirty (30) Class B Ordinary Shares of a par value of US$0.2 each be consolidated into one (1) Class B Ordinary Share with a par value of US$6.00 each (the “Share Consolidation”), with such Share Consolidation to be effective immediately following the approval of the shareholders of the Company.



Upon the Share Consolidation becoming effective, the authorized share capital of the Company shall be changed:



FROM US$200,000,000 divided into 1,000,000,000 shares comprising of (i) 800,000,000 Class A Ordinary Shares of a par value of US$0.2 each, and (ii) 200,000,000 Class B Ordinary Shares of a par value of US$0.2 each,



TO US$200,000,000 divided into 33,333,333.33 shares comprising of (i) 26,666,666.67 Class A Ordinary Shares of a par value of US$6.00 each, and (ii) 6,666,666.67 Class B Ordinary Shares of a par value of US$6.00 each (together, the “Consolidated Shares”),



and that no fractional shares shall be issued in connection with the Share Consolidation. In accordance with the currently effective memorandum and articles of association of the Company (the “Memorandum and Articles”), the Company’s transfer agent shall be authorized and instructed to aggregate all fractional shares and sell them as soon as practicable after the effective time of the Share Consolidation at the then-prevailing prices on the open market, on behalf of those shareholders who would otherwise be entitled to receive a fraction of a Consolidated Share as a result of the Share Consolidation.



2.
As an ordinary resolution, immediately following the effectiveness of the Share Consolidation, the authorized share capital of the Company shall be increased (the “Increase of Capital”):



FROM: US$200,000,000 divided into 33,333,333.33 shares comprising of (i) 26,666,666.67 Class A Ordinary Shares of a par value of US$6.00 each, and (ii) 6,666,666.67 Class B Ordinary Shares of a par value of US$6.00 each,



TO: US$6,000,000,000 divided into 1,000,000,000 shares comprising of (i) 800,000,000 Class A Ordinary Shares of a par value of US$6.00 each, and (ii) 200,000,000 Class B Ordinary Shares of a par value of US$6.00 each (together, the “Adjusted Shares”),



such increase to be effected by the creation of 773,333,333.33 additional Class A Ordinary Shares and 193,333,333.33 additional Class B Ordinary Shares.
👍️0
tw0122 tw0122 2 days ago
$1.18 Looks like most of nasty largest dilution ever here about done. Looks ready but no gurantees. Chart will tell in 2 more days 
👍️ 1
knrorrel knrorrel 3 days ago
maybe short squezze today ?
we'll see
👍 1
tw0122 tw0122 3 days ago
Time to start covering short positions .98 and watch for a new long entry once it settles down 
👍️ 2
work-n-hard work-n-hard 4 days ago
Agreed, but before that, how low? That is the more immediate question IMO.
Will be looking to see how strong the downward pressure is, once it's 10 pts. or so below a buck.
The safe thing might be, to go in a little at a time.
GLTA
👍️0
flaw5 flaw5 4 days ago
It is a total gamble now. No technical, no analysis, no models will apply to it. Just wait for the spike , when and how high? only God knows....
👍️0
work-n-hard work-n-hard 4 days ago
Sorry, but it will turn around one day. Just might be a while.
👍️0
knrorrel knrorrel 4 days ago
The daily chart has looked the same for a week now. It's simply a disgrace, and management should... I can't eat as much shit as I have to vomit... MLGO is simply disgusting. 🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮
👍️0
work-n-hard work-n-hard 4 days ago
1.06 new 52wk low
👍️0
lflhdy lflhdy 1 week ago
The question is do they stay Nasdaq price compliant with or without a split.
👍️0
tw0122 tw0122 1 week ago
$1.15 Longs were warned they are scammy and just want to dilute and put money in their coffers . Eventually you can go long again but for now longs getting boiled in the scorching hot pot 
👍️0
lflhdy lflhdy 1 week ago
So the question is do they pump again or let it go below a buck and split.
👍️0
knrorrel knrorrel 1 week ago
ty .....simply only stupid the mlgo trades
👍️0
work-n-hard work-n-hard 1 week ago
That's why I backed off until the Dirty Work was done. These one day spikes are nothing more than the big boys jacking it up, so they can start a new short position.
A stock that is on an obvious course downward does not offer as good of an opportunity for shorts, unless they start higher then what the present day is.

This has been in Oversold territory for a long time, yet down it goes.

👍️ 1
81vette 81vette 1 week ago
Agreed,shares to short are in millions right now,black rock crooks stealing everything In between
👍️0
knrorrel knrorrel 1 week ago
https://www.stockscores.com/charts/charts/?ticker=Mlgo
👍️0
knrorrel knrorrel 1 week ago
I'm out of the muck ( $MLGO is no fun at all anymore). One day it goes up and then five days it goes massively down. 🤪🥴🤪🥴🤪🥴

The share is rubbish and the management is not shareholder friendly (good management should counteract this with good news flow or updates or tweets but they just watch as it falls day after day and then there's a small rise and then it goes down twice as low again). 👎👎👎

On the other hand, MLGO is a Nasdaq share on the Nasdaq market and I don't like that market at all anymore, there's only massive short stocks being played down and seen through and when the share is played down massively by shorts, there's an overring straight after and then an RS and you can see that with a lot of stocks and that's why I prefer to go back to the OTC market. The market is at least more predictable than the Nasdaq market where things are played down or PDs are made massively (now daily). 🫣🤮😭

for example, like yesterday NVIF or RVYL and more (= completely unpredictable, massive, pumped up over 200% and minutes later it goes down massively)
😡😡😡😡😡😡

$MLGO was also played up to over $2.70 pre-market last week, only to then be shorted slowly down to $1.20 day by day 🤮 🤮

is the NASDAQ even fun anymore, I can lose my money on the OTC and the chances of winning are even greater there....... lol 🤣
all only imho




👍️0
knrorrel knrorrel 1 week ago
I'm out of the muck ( $MLGO is no fun at all anymore). One day it goes up and then five days it goes massively down. 🤪🥴🤪🥴🤪🥴

The share is rubbish and the management is not shareholder friendly (good management should counteract this with good news flow or updates or tweets but they just watch as it falls day after day and then there's a small rise and then it goes down twice as low again). 👎👎👎

On the other hand, MLGO is a Nasdaq share on the Nasdaq market and I don't like that market at all anymore, there's only massive short stocks being played down and seen through and when the share is played down massively by shorts, there's an overring straight after and then an RS and you can see that with a lot of stocks and that's why I prefer to go back to the OTC market. The market is at least more predictable than the Nasdaq market where things are played down or PDs are made massively (now daily). 🫣🤮😭

for example, like yesterday NVIF or RVYL and more (= completely unpredictable, massive, pumped up over 200% and minutes later it goes down massively)
😡😡😡😡😡😡

$MLGO was also played up to over $2.70 pre-market last week, only to then be shorted slowly down to $1.20 day by day 🤮 🤮

is the NASDAQ even fun anymore, I can lose my money on the OTC and the chances of winning are even greater there....... lol 🤣
all only imho




👍️0
knrorrel knrorrel 2 weeks ago
🔥🔥🔥 $MLGO on watch 🔥🔥🔥

while Intel doesn't directly use the MLGO framework, it could potentially benefit from compiler optimizations enabled by MLGO if it were integrated into the LLVM compiler toolchain used in Intel's software development

🔥🔥🔥$MLGO🔥🔥🔥

Mkt Cap
37.991M

cash
217M

67% shares holder is WIMI

mircro freefloat

in April still $32, then a few weeks ago $10 and massively shorted ;
short squeeze reloaded
https://www.stockscores.com/charts/charts/?ticker=Mlgo 🚀🚀🚀

MLGO 52WK Range 1.11 - 509.60
https://www.otcmarkets.com/stock/MLGO/quote

all only imho

👍️0
knrorrel knrorrel 2 weeks ago
52WK Range 1.11 - 509.60
👍️0
knrorrel knrorrel 2 weeks ago
$MLGO Daily Range 1.25 - 1.45
👍️0
all right all right all right all right 2 weeks ago
sbet 16 mill trade up 61points dollllors lol mlgo this 48 mill traded up 12c lol lol lol lol lol
👍️ 1
all right all right all right all right 2 weeks ago
now 41 mill traded 24 mill floot all out standing stock is now bought today 14 % short that would be death to man kind it would mean if up 50 that would be millons to wimi share holders
👍️ 2 😷 1
all right all right all right all right 2 weeks ago
doller stock that have that 38mill trade go up 2 dollors not 19c scammmmmmmmmmmmm
👍️0
all right all right all right all right 2 weeks ago
38 millon traded up 19 c fuck clown stock
👍️0
Runners123 Runners123 2 weeks ago
9 days ago it was set up exactly like this and doubled in 2 days..... can it happen again?
👍️0
work-n-hard work-n-hard 2 weeks ago
Could be wrong of course, but I think that's just called Covering. (mostly)
We'll see as it moves on.
👍️0
DJS1 DJS1 2 weeks ago
Doubt that will happen. This stock has too high of a demand and dilution is being bought up every day. 
👍️0
work-n-hard work-n-hard 2 weeks ago
Missed a couple of bounces, but that "under $1" is what I'm waiting on.
JMO
👍️0
tw0122 tw0122 2 weeks ago
More and more ...
On May 6, 2025, we entered into Securities Purchase Agreements with certain investors (the “Investors”), relating to our issuance of an aggregate of $36,000,000 (the “Principal Amount”) Convertible Promissory Notes due after 360 days of issuance (the “Convertible Notes”) and our ordinary shares that are issuable upon conversion of the Convertible Note....
👍️0
tw0122 tw0122 2 weeks ago
Endless conversions ...$80 million be under $1 soon  enough
On May 16, 2025, we entered into Convertible Note Purchase Agreements (“CNPA”) with certain investors (the “Investors”), relating to our issuance of an aggregate of $80,000,000 (the “Principal Amount”) Convertible Promissory Notes due after 360 days of issuance (the “Convertible Notes”) and our ordinary shares that are issuable upon conversion of the Convertible Note....
👍️0
81vette 81vette 2 weeks ago
Price to earnings $2.76,hit zero borrow yesterday at noon,reversal could be coming,this is what happened last time but definitely the options are controlling it
👍️ 1
flaw5 flaw5 2 weeks ago
I think normal thought process or any usual analysis do not apply to this stock. The logic is out of space. We just need to be patient to wait for the spike if there is another one.
👍️0
Spuds McKenz66 Spuds McKenz66 2 weeks ago
sure is champ DJT was 28 this am MLGO is going through growing pains as well hang in there
👍️0
knrorrel knrorrel 2 weeks ago
This company has had a lot of good news recently and should actually be doing better and rising higher than other stocks. But it's doing the opposite, and who wants to understand that? But I don't. / The stock market is going crazy.
imo
👍️0
knrorrel knrorrel 2 weeks ago
Intelligence, quantum, and algorithms are everywhere, and all stocks are going up. Only our MLGO isn't doing it like a fool. What's going wrong here?
imo
👍️0
knrorrel knrorrel 2 weeks ago
Right, that's pathetic, and I wonder who's manipulating trading so heavily. We should actually be at three or four dollars.
imho
👍️0
flaw5 flaw5 2 weeks ago
There is an obvious pattern. Every time they put out news, the price dropped 15 percent. So pathetic.
👍️0
Spuds McKenz66 Spuds McKenz66 2 weeks ago
told ya maybe a month ago AMC busting out MLGO
👍️0
81vette 81vette 3 weeks ago
Profit now, https://www.nasdaq.com/press-release/microalgo-announces-strong-net-income-and-cash-growth-2024-driven-robust-demand-0
👍️0
Spuds McKenz66 Spuds McKenz66 3 weeks ago
MLGO is a swinger
👍️0
knrorrel knrorrel 3 weeks ago
Far too exaggerated, far too oversold, completely exaggerated the selling today compared to Friday
👍️0
81vette 81vette 3 weeks ago
Loaded Just Waiting on whales like late Feb and March ,chart is nice,maybe whales on on vacation until Tuesday,I will be whale 🐳 watching Tuesday and maybe next Friday playing with dragons 🐉 (10x wins) one can dream lol
👍️0

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