Key Details
Price
$2.90Annual Revenue
$81.89 MAnnual EPS
-$166.00Annual ROE
-67.07%Beta
-1.14Events Calendar
Next earnings date:
May 15, 2025Recent quarterly earnings:
May 08, 2023Recent annual earnings:
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N/ARecent ex-dividend date:
N/ANext split:
N/ARecent split:
Dec 13, 2024Analyst ratings
Recent major analysts updates
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SHENZHEN, China , Jan. 2, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the development of an innovative hybrid algorithm that combines the advantages of classical and quantum computing to optimize Multi-Query Optimization (MQO) problems. Quantum computing is a technology that uses the principles of quantum mechanics to process information.
SHENZHEN, China , Dec. 31, 2024 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the successful development of a groundbreaking quantum algorithm technology, specifically a FULL adder operation based on CPU registers in quantum gate computers. This innovative technology brings new possibilities to the development of quantum computing.
MicroAlgo Inc. NASDAQ: MLGO has captured the attention of investors and analysts with a 200% surge in its stock price. This dramatic increase coincided with a shareholder update and MicroAlgo's news of a significant investment by Masaya Otsuka.
MicroAlgo (NASDAQ: MLGO ) stock is rocketing higher on Monday alongside news of Masaya Otsuka taking a 13.56% stake in the company. This comes from 700,000 shares of MLGO stock that were acquired by Otsuka.
MicroAlgo (NASDAQ: MLGO ) stock is up on Tuesday after the central processing algorithm solutions company announced a joint micro-consciousness quantum research center with WIMI (NASDAQ: WIMI ). MicroAlgo says that its joint research center with WIMI will cover physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other forms of research.
BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness.
MicroAlgo (NASDAQ: MLGO ) stock is rising higher on Wednesday after the company announced plans to establish a postgraduate training facility. According to a press release from MicroAlgo, its Chinese companies will be working together with Shenzhen University Semiconductor Manufacturing Research Institute and the Haikou Comprehensive Free Trade Zone Management Committee.
MicroAlgo (NASDAQ: MLGO ) stock is taking a beating on Monday after the company's shares recently saw a massive rally. Investors who watch MLGO stock no doubt noticed the company's shares closed out normal trading hours on Friday up 110.4%.
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