Renaissance Technologies LLC acquired a new stake in Monaker Group, Inc. (NASDAQ:MKGI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,700 shares of the company’s stock, valued at approximately $38,000. Renaissance Technologies LLC owned about 0.09% of Monaker Group as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, HighTower Advisors LLC purchased a new position in Monaker Group during the fourth quarter worth about $28,000. 6.20% of the stock is owned by institutional investors.
MKGI opened at $2.65 on Thursday. The firm has a market cap of $49.73 million, a price-to-earnings ratio of -4.21 and a beta of 2.50. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average price is $3.27 and its 200 day moving average price is $2.93. Monaker Group, Inc. has a 12-month low of $0.77 and a 12-month high of $4.99.
Monaker Group Profile
Monaker Group, Inc operates an online marketplace for the alternative lodging rental (ALR) market worldwide. The company offers ALR products and services to property owners and managers, travelers, and other travel/lodging distributors. It provides its products and services through NextTrip.com, NextTrip.biz, Maupintour.com, EXVG.com, TravelMagazine.com, and nexttripvacations.com.
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