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MicroAlgo Inc

MicroAlgo Inc (MLGO)

1.52
0.04
(2.70%)
Closed January 26 4:00PM
1.5406
0.0206
(1.36%)
After Hours: 7:43PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
1.5406
Bid
1.41
Ask
1.80
Volume
1,370,674
1.47 Day's Range 1.57
1.51 52 Week Range 509.60
Market Cap
Previous Close
1.48
Open
1.49
Last Trade
1
@
1.5401
Last Trade Time
Financial Volume
$ 2,072,444
VWAP
1.512
Average Volume (3m)
10,062,013
Shares Outstanding
9,972,839
Dividend Yield
-
PE Ratio
-0.06
Earnings Per Share (EPS)
-26.89
Revenue
580.02M
Net Profit
-268.21M

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 $1.48. Over the last year, MicroAlgo shares have traded in a share price range of $ 1.51 to $ 509.60.

MicroAlgo currently has 9,972,839 shares outstanding. The market capitalization of MicroAlgo is $14.76 million. MicroAlgo has a price to earnings ratio (PE ratio) of -0.06.

MLGO Latest News

MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems

MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems PR Newswire SHENZHEN, China, Jan. 2, 2025 SHENZHEN, China, Jan. 2, 2025 /PRNewswire/ -- MicroAlgo Inc...

MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing

MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing PR Newswire SHENZHEN, China, Dec. 31, 2024 SHENZHEN...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.1494-8.840236686391.691.781.5115002611.63904664CS
4-1.1395-42.51707025862.68017.66951.5154468543.21465552CS
12-2.5794-62.60679611654.127.66951.51100620133.65089923CS
26-37.0554-96.008394652338.59647.61.51207298166.99319152CS
52-113.7194-98.6633697727115.26509.61.511455679158.79164163CS
156-2010.4594-99.92342942352012143001.515600454151.58111057CS
260-1948.4594-99.92099487181950143001.514433204153.5192115CS

MLGO - Frequently Asked Questions (FAQ)

What is the current MicroAlgo share price?
The current share price of MicroAlgo is $ 1.5406
How many MicroAlgo shares are in issue?
MicroAlgo has 9,972,839 shares in issue
What is the market cap of MicroAlgo?
The market capitalisation of MicroAlgo is USD 14.76M
What is the 1 year trading range for MicroAlgo share price?
MicroAlgo has traded in the range of $ 1.51 to $ 509.60 during the past year
What is the PE ratio of MicroAlgo?
The price to earnings ratio of MicroAlgo is -0.06
What is the cash to sales ratio of MicroAlgo?
The cash to sales ratio of MicroAlgo is 0.03
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 580.02M
What is the latest annual profit for MicroAlgo?
The latest annual profit of MicroAlgo is CNY -268.21M
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
Spuds McKenz66 Spuds McKenz66 2 days ago
had bitcoin on my watch list 2009 at 5 bucks , kicking myself now though we got a 10 bagger here MLGO and SOFI should do very well , PLTR left the station , had 3200 shares should have held on. was in at 21 now 77 insane MLGO my wild card play
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flaw5 flaw5 3 days ago
I wish I were at your high level. I am a very low level investor.as far as the amount of money, knowledge and experience :)

Good luck to us.
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Spuds McKenz66 Spuds McKenz66 3 days ago
plus I lost 21k 4 months ago on a bk so this like I said I wild card play , just hold , told Dad to buy 1 million in SOFI , it will hit over 60 late 2026 for sure. MLGO will make us money
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Spuds McKenz66 Spuds McKenz66 3 days ago
not worried all good Flaw , sublover made 55k last time I screwed up only made like 3k had 6700 shares bailed early at 5/6 bucks went to 25, traded a bit while it ran to 25. I figure it at least runs to 15 Trump is going make everyone more money, 2026 is a boom year for sure ,SOFI is the big play, MLGO
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flaw5 flaw5 3 days ago
You invested heavily in this one!! I only have small position, but still hope my dream price will come true. Good luck to us but don't know when.
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Spuds McKenz66 Spuds McKenz66 3 days ago
brilliant under a buck for 30 days lets go , rs again lol na lets delist MLGO clapping out loud
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Spuds McKenz66 Spuds McKenz66 3 days ago
7.5 cent pre split MLGO
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Spuds McKenz66 Spuds McKenz66 3 days ago
bought 100 more at 154 wth 700 grand total 12200 MLGO
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Spuds McKenz66 Spuds McKenz66 3 days ago
picked up 600 @ 1.60 MLGO
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Spuds McKenz66 Spuds McKenz66 4 days ago
near nor there, point was wait for the tidal wave MLGO
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tigerpac tigerpac 4 days ago
Range trader, both long and short.
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tw0122 tw0122 4 days ago
Just been trading here see what you say your actually a stock holder here ? not a vieholder as China Cayman Island ADRs are known as.
MLGO formed from the Venus SPAC.
As far as general China sentiment it is poor under Trump 

 
 
โ€ฆ..12/06/2023 - 06:00 AM
BEIJING, Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation. To fully implement the scientific research, training of talents, and service.

Shenzhen University, located in Shenzhen, Guangdong Province, is a comprehensive university approved by the Ministry of Education of China, under the supervision of Guangdong Province and sponsored by the Shenzhen Municipal People's Government. Shenzhen University has been developing rapidly in the fields of talent cultivation, innovation, and technology research and development, and has achieved more original achievements in science and technology. The university's mechanical design and manufacturing, automation, semiconductor integrated circuits and other disciplines have a very good possibility of docking with Lixin Technology. The establishment of the postgraduate training base develops a broad space for cooperation between the two sides.

Haikou Comprehensive Free Trade Zone was also approved by the State Council. Haikou Free Trade Zone sticks to developing itself, building scientific, intelligent, ecological planning industrial sites. Take high-tech industries as the leading, driving the development of the warehousing and logistics industry. Institutional innovation, technological innovation and policy incentives to benefit the development of the surrounding economy. The development strategy has made gigantic achievements. Sites have become a high-tech industry development base and demonstration plot in Hainan Province, and effectively stimulate the economic growth of its surroundings.

MicroAlgo Inc. believes that further deepening of the cooperation between the three parties will certainly provide strong support for the sustainable development of the semiconductor industry. At the same time, the joint training of postgraduate students for the industry will also contribute to the construction of academic disciplines and the transformation of scientific and technological achievements of Shenzhen University, and will make an important contribution to the development of the country, as well as to the cultivation and retention of high-end technological talents.

The establishment of the joint training base for postgraduate students among MicroAlgo Inc., Shenzhen University, and Haikou Municipal Government offers a new platform for the practical teaching of relevant specialities at Shenzhen University. Through in-depth cooperation, the three parties have built a diversified practical training platform, which creates favorable conditions for the related industries to jointly cultivate excellent scientific research talents and reserve technical talent forces. The cooperation also reflects the common vision of the three parties to establish strategic cooperation between industry, academia and research, and we hope that we can seize this opportunity to actively explore new modes of cooperation, carry out extensive cooperation and exchanges, promote win-win cooperation, and contribute to China's development of basic software for information construction!


12/06/2023 - 06:00 AM BEIJING, Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation. To fully implement the scientific research, training of talents, and service.Shenzhen University, located in Shenzhen, Guangdong Province, is a comprehensive university approved by the Ministry of Education of China, under the supervision of Guangdong Province and sponsored by the Shenzhen Municipal People's Government. Shenzhen University has been developing rapidly in the fields of talent cultivation, innovation, and technology research and development, and has achieved more original achievements in science and technology. The university's mechanical design and manufacturing, automation, semiconductor integrated circuits and other disciplines have a very good possibility of docking with Lixin Technology. The establishment of the postgraduate training base develops a broad space for cooperation between the two sides.Haikou Comprehensive Free Trade Zone was also approved by the State Council. Haikou Free Trade Zone sticks to developing itself, building scientific, intelligent, ecological planning industrial sites. Take high-tech industries as the leading, driving the development of the warehousing and logistics industry. Institutional innovation, technological innovation and policy incentives to benefit the development of the surrounding economy. The development strategy has made gigantic achievements. Sites have become a high-tech industry development base and demonstration plot in Hainan Province, and effectively stimulate the economic growth of its surroundings.MicroAlgo Inc. believes that further deepening of the cooperation between the three parties will certainly provide strong support for the sustainable development of the semiconductor industry. At the same time, the joint training of postgraduate students for the industry will also contribute to the construction of academic disciplines and the transformation of scientific and technological achievements of Shenzhen University, and will make an important contribution to the development of the country, as well as to the cultivation and retention of high-end technological talents.The establishment of the joint training base for postgraduate students among MicroAlgo Inc., Shenzhen University, and Haikou Municipal Government offers a new platform for the practical teaching of relevant specialities at ShenzhenUniversity. Through in-depth cooperation, the three parties have built a diversified practical training platform, which creates favorable conditions for the related industries to jointly cultivate excellent scientific research talents and reserve technical talent forces. The cooperation also reflects the common vision of the three parties to establish strategic cooperation between industry, academia and research, and we hope that we can seize this opportunity to actively explore new modes of cooperation, carry out extensive cooperation and exchanges, promote win-win cooperation, and contribute to China's development of basic software for information construction!

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Spuds McKenz66 Spuds McKenz66 5 days ago
get lost MLGO
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tigerpac tigerpac 5 days ago
Already forgotten the first rule of Trumpism.....America First!

Not some fly by night Chinese company who lined their pockets with an American cash offering and PR's that no one understood.  Stick with American companies in this space.
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Spuds McKenz66 Spuds McKenz66 5 days ago
I posted to you on the 17th you post to me 3 days later , lol stop it please , enough of the nonsense MLGO OVER 10 sooooooon
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subslover subslover 5 days ago
Bro, this is not an ADR it only trades here in the USA NASDAQ Market. This stock is a Cayman Island ATM only. The CD holders are now just waiting for the pump and then they will begin to unload their new shares of post r/s stock. These shares have not been trading heavily like its distant cousin HOLO meaning MLGO is the pumper target. Patience is a MUST!😍
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tigerpac tigerpac 5 days ago
Seems like I'm living in your head rent free.

Why do you care? You do your trading, I will do mine!
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Spuds McKenz66 Spuds McKenz66 6 days ago
U think u r a smarty pants? i dont care either way what u think , i called MLGO within a day , I called CLOV with in a few days and other stocks , u call nothing u just bash lightly but its bs, MLGO is poised , buy and shut up
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Spuds McKenz66 Spuds McKenz66 6 days ago
i SAID U R NEGITIVE AND YOU ARE WTF MAN MLGO
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Spuds McKenz66 Spuds McKenz66 6 days ago
means nothing no worry MLGO
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Spuds McKenz66 Spuds McKenz66 6 days ago
the truth always catches up to the lie, Trumps back, u like? MLGO will boom
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tigerpac tigerpac 6 days ago
Telling the truth means you never have to remember what lies you may have told.  

Your issue, not mine.
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tw0122 tw0122 6 days ago
China just went looser with rates ... The conference communiquรฉ announced that the most important policy task in 2025 will be to โ€œvigorously boost consumptionโ€ through โ€œmoderately loose monetary policyโ€ and โ€œmore active fiscal policy.โ€
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Spuds McKenz66 Spuds McKenz66 1 week ago
Buying more on wed. 2k worth MLGO
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Spuds McKenz66 Spuds McKenz66 1 week ago
got 11500 now MLGO
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tw0122 tw0122 1 week ago
$1.75 Beautiful chart setup on bottom of right side of W going back to $3.50s..Patience pays 
👍️ 1 😁 1 😇 1 🤩 1 🥰 1
tw0122 tw0122 1 week ago
Break $1.80 solid here gets going back to mid $2s on the 3 month chart observation 
👍️ 1 🤯 1 🥰 1 🥴 1
subslover subslover 1 week ago
Sweet! I'm happy you are in MLGO. MEGL, yes thank you it had that huge quick more up! I am gonna grab some. 🥰😇
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tw0122 tw0122 1 week ago
Okay took some $1.70s China pumps into January 29th snake time would imagine ....also took some MEGL at .60s many remember it's $100 run lol
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subslover subslover 1 week ago
Red alert! in at $1.68 🥰
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Spuds McKenz66 Spuds McKenz66 1 week ago
negative bs makes me puke how do u live with yourself? MLGO
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tigerpac tigerpac 1 week ago
$1.70 touched and bounced....will that price hold on the second test of that level?

If it doesn't, look out below.
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
god bless everyone, MLGO is my wild card play
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
just scored another bonus, buying more end of Jan. MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
8500 SHARES holding strong MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
BOUGHT MORE MLGO
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bigbux1 bigbux1 2 weeks ago
This Chinese stock is an ADR and a VIE which means you literally own nothing. Kyle Bass explains it @ the 10:45
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
got some at 193 MLGO
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
lower 80 cents, 4 cents MLGO is a proud company to shareholders
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
PFF buy time MLGO
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tigerpac tigerpac 2 weeks ago
$1.70 looks like the new short term floor.   If it breaks thru that then all bets are off and I can see it eventually going sub $1 in 2025.
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stockstobuy stockstobuy 2 weeks ago
ALL Chinese companies shouldnt be allowed to be trading in US Stock Market. They are all scams like this garbage.
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subslover subslover 2 weeks ago
Round 2 for the next PUMP>anything under $2.00 is child play😷 accumulating!
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
hey bud , all good we got our 10 cents buy a bunch and wait for lift off MLGO
👍️ 1 🤑 1
AKATITUS AKATITUS 2 weeks ago
What's up spuds
U
Getting in on the fubo action.
We just had a big development 🙌
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
hey Aka missing in action Happy New Year , will pick some up next week MLGO
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AKATITUS AKATITUS 2 weeks ago
Got find the new landing zone first.
😄
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
China better step up and start making quantum chips a hoy MLGO
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
boo who down 200 bones MLGO acting like a loser wtf
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
1.88
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