MNGA - MagneGas Applied Technology Solutions, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.29
-0.01 (-3.33%)
At close: 4:00PM EST

0.29 -0.00 (-1.38%)
After hours: 5:03PM EST

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Previous Close0.30
Open0.30
Bid0.28 x 1000
Ask0.29 x 1200
Day's Range0.28 - 0.30
52 Week Range0.13 - 7.20
Volume7,944,540
Avg. Volume17,100,900
Market Cap39.94M
Beta (3Y Monthly)-3.08
PE Ratio (TTM)N/A
EPS (TTM)-1.23
Earnings DateNov 13, 2018 - Nov 19, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.50
Trade prices are not sourced from all markets
  • GlobeNewswire9 hours ago

    MagneGas Selected as Speaker for Maritime2020 Asia Summit

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company will present as a speaker at the 2018 Maritime2020 Asia Summit being held November 27, 2018 in Singapore.  Scott Mahoney, Chief Executive Officer of MagneGas, will be delivering the presentation and will also be accompanied by Jack Armstrong, Executive Vice President of Business Development.

  • GlobeNewswire6 days ago

    MagneGas Provides Business Update for the Third Quarter of 2018

    More than 195% Quarterly Revenue Increase from Last Year TAMPA, Fla., Nov. 14, 2018 -- MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (NASDAQ:.

  • GlobeNewswire8 days ago

    MagneGas Generates $1.05 Million in Sales for October

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company generated sales of $1.05 million for the month of October, as compared to $0.37 million in October 2017, representing a 180% increase. The sales growth was a result of MagneGas’ expansion into California, Texas and Louisiana through six acquisitions made in 2018.

  • GlobeNewswire12 days ago

    MagneGas Submits €2.5 Million Horizon 2020 Grant for Fourth Generation Gasification

    Consortium Includes Global Leaders in Renewable Energy Centers of Excellence TAMPA, Fla., Nov. 08, 2018 -- MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the.

  • GlobeNewswire13 days ago

    MagneGas Schedules Third Quarter 2018 Earnings Conference Call and Business Update

    Conference Call to be held Wednesday, November 14, 2018 at 10:00am ET TAMPA, Fla., Nov. 07, 2018 -- MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company").

  • GlobeNewswire13 days ago

    MagneGas Receives Extension to Regain Compliance with NASDAQ Minimum Bid Price Requirement

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, today announced that the NASDAQ Listing Qualifications Staff has granted the Company’s request for an additional 180-day period, or until May 6, 2019, to regain compliance with the minimum $1.00 bid price per share requirement. Scott Mahoney, Chief Executive Officer (CEO) of MagneGas, stated, “We are pleased to receive an extension from NASDAQ as we advance our commercial strategy and corporate restructuring we recently announced. The NASDAQ Listing Qualifications Staff’s determination to grant the additional 180-day compliance period was based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the NASDAQ Capital Market, with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the additional 180-day compliance period by effecting a reverse stock split, if necessary.

  • GlobeNewswire14 days ago

    MagneGas to Present at the Good Capital Conference in London

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company is a sponsor of and will present at the upcoming The Good Capital conference, being held November 13-14, 2018 at the Millennium Gloucester Hotel in London, UK. Scott Mahoney, Chief Executive Officer of MagneGas, will be giving a corporate presentation focused on major strategic and commercial updates as part of the conference’s Sustainable Energy panel.

  • GlobeNewswire14 days ago

    MagneGas Announces Corporate Restructuring to Support Anticipated Growth

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, today announced a series of corporate initiatives designed to support and accelerate the Company’s anticipated growth. The Company has appointed Scott Mahoney as Chief Executive Officer (CEO) of MagneGas, where he will oversee and manage the Company’s operations, as it completes its transition from a technology research-centric organization to a rapidly scaling commercial competitor in global industrial gas while unlocking additional commercial applications.

  • GlobeNewswire19 days ago

    MagneGas Completes Acquisition of Texas Welding Supply Company

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today the completion of an acquisition of an independent industrial gas and welding supply distributor based in Longview, Texas.  This transaction, priced at $0.75 million, paid in cash at closing, expands the Company’s geographic footprint in the Texas market as it represents the third acquisition in Texas and the fourth acquisition in the Greater Texas region, which is notable for its world-leading oil/gas and transportation industries. “This third acquisition in Texas expands our operating efficiency through economies-of-scale as we march towards cementing MagneGas’ dominant market position in the region,” commented Ermanno Santilli, Chief Executive Officer of MagneGas.  “The acquisition aligns with our strategy to expand our geographic footprint towards Houston, one of the largest global markets for industrial gases and metal-cutting fuels.

  • GlobeNewswire22 days ago

    MagneGas Completes Acquisition of Louisiana Welding Supply Company

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today the completion of an acquisition of an independent industrial gas and welding supply distributor based in Shreveport, Louisiana.  This transaction, priced at $1.5 million, paid in cash at closing, expands the Company’s geographic footprint in the northern Louisiana market along a significant industrial corridor, with strong exposure to the oil and gas production and refining markets.  This acquisition will also include the Company’s first expansion into the medical gas business.

  • GlobeNewswire28 days ago

    MagneGas Announces Second USDA Demonstration Day

    TAMPA, Fla., Oct. 23, 2018 -- MagneGas Applied Technology Solutions, Inc.  ("MagneGas" or the "Company") (NASDAQ: MNGA), a leading clean technology company in the renewable.

  • GlobeNewswire29 days ago

    MagneGas Completes Acquisition of Texas Welding Supply Company

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today the completion of an acquisition of an independent industrial gas and welding supply distributor based in Paris, Texas.  This transaction, priced at $1.25 million, paid in cash at closing, builds on MagneGas’ acquisition strategy and further expands the Company’s geographic footprint in northeast Texas along a significant industrial corridor. Earlier in the year, MagneGas acquired Green Arc Supply, launching its first commercial presence in Texas and this new acquisition further cements MagneGas’ reach in the state.

  • GlobeNewswirelast month

    MagneGas Generates $0.9 Million in Sales for September

    MagneGas Applied Technology Solutions, Inc. ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company generated sales of $0.9 million for the month of September, as compared to $0.25 million in September 2017, representing a 260% increase. The sales growth was a result of MagneGas’ expansion into California, Texas and Louisiana through three acquisitions made earlier in 2018. The Company continued to experience improved sales in California, particularly in the agricultural cannabis sector and overall agricultural client base at the Company’s northern California operations managed under the Trico Welding Supplies brand.  The Company also saw steady growth in the San Diego market, where operations are managed under the Complete Welding brand.  The Texas market continued to improve as new clients added during the quarter migrated their relationships away from several major competitors to Green Arc Supply.

  • GlobeNewswirelast month

    MagneGas Announces Pricing of $5.0 Million Registered Direct Offering

    MagneGas Applied Technology Solutions, Inc. (“MagneGas” or the “Company”) (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, today announced it has entered into a securities purchase agreement with certain accredited institutional investors to purchase approximately $5.0 million of its common stock in a registered direct offering and warrants to purchase its shares of common stock in a concurrent private placement.

  • GlobeNewswirelast month

    MagneGas and European Partners Jointly Closes $7.0 Million Grant

    MagneGas Applied Technology Solutions, Inc.  ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today the successful closing of a €6.0 million ($7.0 million USD) European Commission grant together with its partner Infinite Fuels, GmbH, an emerging biofuels company based in northern Germany. The grant was awarded by the European Commission’s Executive Agency for Small and Medium-sized Enterprises (EASME), as part of their LIFE programme, a funding instrument that recognizes and supports environmental and climate preservation.  The grant application was initially made by Infinite Fuels through an Eco-Innovation funding initiative within the Energy, Environment, and Resources Department of EASME as part of the LIFE Programme.  MagneGas first announced it would be the recipient the LIFE grant in March 2018.

  • GlobeNewswire2 months ago

    MagneGas Accepted as a Member of The Welding Institute

    Globally Recognized as a Leading Engineering and Research Facility TAMPA, Fla., Oct. 04, 2018 -- MagneGas Applied Technology Solutions, Inc.  ("MagneGas" or the "Company").

  • GlobeNewswire2 months ago

    MagneGas Implements Corporate Rebranding

    MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today the Company was formally renamed MagneGas Applied Technology Solutions on September 25, 2018.  The purpose of this rebranding was to better align MagneGas’ corporate identity with its broadened commercial approach that reflects the three commercial applications rooted in the Company’s patented submerged plasma arc technology.  The Company currently has three applications in various stages of commercialization: synthetic gas for metal cutting industrial uses, sterilization of agricultural waste, and an emerging waste to energy application. The Company initiated this rebranding in conjunction with its accelerating marketing efforts in Europe.  The Company is in various stages of grant applications in Europe for government-backed, non-dilutive funding programs that apply to all three commercial applications of its patented submerged plasma arc technology.  MagneGas is also actively expanding its engineering and research capabilities through partnerships and membership in key industrial consortiums in Europe, and would like its corporate brand to fully reflect this development.

  • GlobeNewswire2 months ago

    MagneGas Keynote Speaker for 3rd Annual International Green Shipping Summit

    Leading Clean Technology and Environmental Forum for Global Port Authorities. TAMPA, Fla., Sept. 19, 2018-- MagneGas Corporation, a leading clean technology company in the renewable resources and environmental ...

  • GlobeNewswire2 months ago

    MagneGas Successfully Completes Updated Independent Safety Testing

    MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company has conducted a series of independent safety tests with multiple, independent third-party safety and engineering firms to further validate the Company’s safety claims regarding MagneGas2® compared to acetylene.  The tests were highly favorable and support the Company’s claims that MagneGas2® is an extremely stable, safer alternative to acetylene, the most widely-used metal cutting fuel used globally today. The Company engaged DEKRA, a leading global safety firm in operations to conduct two safety tests.

  • GlobeNewswire2 months ago

    MagneGas Generates $0.9 Million in Sales for August

    MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company generated sales of $0.9 million for the month of August, as compared to $0.46 million in August 2017, representing a 95% increase. The sales growth resulted from MagneGas’ expansion into California, Texas and Louisiana through its three acquisitions made earlier in 2018. The rapid sales growth in August 2018 was primarily driven by improved sales in California, particularly in the cannabis sector and among the greater agricultural client base at the Company’s northern California operations managed under the Trico Welding Supplies brand.  The Company also experienced solid growth in the San Diego market, where operations are managed under the Complete Welding brand.  In that market, the overall access to large maritime and port-related clients around Coronado Island continues to show strength.  The Texas and Florida markets remain largely unchanged.

  • GlobeNewswire3 months ago

    MagneGas Announces Launch of Phase II of USDA Grant-Funded Sterilization Project

    Expanded Sterilization Testing, Second USDA Demo Day Scheduled. TAMPA, Fla., Sept. 04, 2018-- MagneGas Corporation, a leading clean technology company in the renewable resources and environmental solutions ...

  • GlobeNewswire3 months ago

    MagneGas Generates $0.9 Million in Sales for July

    MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company generated sales of $0.9 million for the month of July, as compared to $0.23 million in July 2017, representing a 292% increase. The sales growth was a result of MagneGas’ expansion into California, Texas and Louisiana through three acquisitions made earlier in 2018. The rapid sales growth in July 2018 was primarily driven by a strong rebound in sales in Florida, as well as sales growth at the Company’s northern California operations managed under the Trico Welding Supplies brand.

  • GlobeNewswire3 months ago

    MagneGas to Present at the 20th Annual HC Wainwright Global Investment Conference

    MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading clean technology company in the renewable resources and environmental solutions industries, announced today that the Company will present at the 20th Annual HC Wainwright Global Investment Conference, being held September 4-6, 2018 at the St. Regis Hotel in New York, NY. Scott Mahoney, Chief Financial Officer of MagneGas, will be giving a corporate presentation focused on major strategic and commercial updates.