MGI - MoneyGram International, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.1550
-0.0350 (-1.60%)
As of 10:07AM EDT. Market open.
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Previous Close2.1900
Open2.2000
Bid2.1600 x 900
Ask2.1700 x 1300
Day's Range2.1300 - 2.2200
52 Week Range1.3300 - 7.0500
Volume205,093
Avg. Volume2,634,871
Market Cap145.026M
Beta (3Y Monthly)3.44
PE Ratio (TTM)N/A
EPS (TTM)-0.6920
Earnings DateAug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2007-12-12
1y Target Est2.83
Trade prices are not sourced from all markets
  • Benzinga3 days ago

    MoneyGram's Deal In South Korea With Sentbe Boosts Shares

    MoneyGram (NASDAQ: MGI) shares are trading higher after the company said it signed a partnership with Sentbe. Sentbe is a money transfer startup in South Korea. The partnership will make it the first MoneyGram virtual agent in the region.

  • PR Newswire3 days ago

    MoneyGram Partners with Korean Remittance Startup, Sentbe

    SEOUL, South Korea, July 19, 2019 /PRNewswire/ -- MoneyGram (MGI) today signed a contract with Sentbe, one of the largest money transfer fintech companies in South Korea. The exciting new partnership makes Sentbe the first MoneyGram virtual agent in South Korea. The collaboration between Sentbe - which has accumulated billions of Korean Won worth of transactions as of July 2019 - and MoneyGram aligns with MoneyGram's goal of providing consumers with an expanded range of digital money transfer options. Sentbe is a financial technology startup based in South Korea, making cross-border person-to-person money transfer easier, faster, and cheaper through innovative technology.

  • PR Newswire7 days ago

    MoneyGram to Release Second Quarter 2019 Results

    Conference call scheduled for August 2 at 9:00 a.m. ET DALLAS , July 15, 2019 /PRNewswire/ --  MoneyGram  (NASDAQ: MGI) will announce its second quarter 2019 financial results on Friday, August 2, 2019. Alex ...

  • Early Square investor sees Facebook cryptocurrency Libra as a game-changer
    American City Business Journals10 days ago

    Early Square investor sees Facebook cryptocurrency Libra as a game-changer

    Startup investor Greg Kidd sees Facebook Libra taking a page from Apple's playbook in bringing established players into the tent as both companies push deeper into payments.

  • Mastercard Partners with Evolve to Serve Gig Economy Workers
    Zacks11 days ago

    Mastercard Partners with Evolve to Serve Gig Economy Workers

    Mastercard (MA), via its payment solution Mastercard Send and Evolve Bank & Trust, will enable funds readily available for gig workers.

  • The winners and losers of Facebook’s Libra
    Quartz23 days ago

    The winners and losers of Facebook’s Libra

    Some crypto companies could be instrumental to Libra's future, while others may be rendered obsolete.

  • Bitcoin Plunges: Is Another Cryptocurrency Bubble Ready To Burst?
    Investor's Business Daily25 days ago

    Bitcoin Plunges: Is Another Cryptocurrency Bubble Ready To Burst?

    After the Bitcoin price surged to its highest level since December 2017 on Wednesday, it fell sharply Thursday. The digital currency has been flashing signs of a possible climax run.

  • PR Newswire26 days ago

    MoneyGram International Reports Successful Refinancing

    DALLAS , June 26, 2019 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) today reported that it has entered into a new first lien credit agreement and a new second lien credit agreement, each ...

  • MoneyGram (MGI) to Expand in Canada Via Flat-Fee Pricing
    Zacks26 days ago

    MoneyGram (MGI) to Expand in Canada Via Flat-Fee Pricing

    MoneyGram (MGI) launches low-cost international remittance services in Canada to grab a larger share of its growing money-transfer market.

  • CNW Group28 days ago

    MoneyGram Announces New Flat Fee Pricing in Partnership with Canada Post

    MoneyGram Announces New Flat Fee Pricing in Partnership with Canada Post

  • Benzingalast month

    ETH/USD Impending Double-Top Pattern Reaction Post End-Week Surge

    The groundbreaking partnership between Ripple and MoneyGram catalyzed the momentum sending XRP/USD past $0.46. Ripple recovery stalls within a tight range between the 61.8% Fibo and the 38.2% Fibo. XRP/USD ...

  • Ripple executive on blockchain startup’s outlook: ‘We’re planning aggressive growth’
    American City Business Journalslast month

    Ripple executive on blockchain startup’s outlook: ‘We’re planning aggressive growth’

    San Francisco-based Ripple sees a deal to buy about 10 percent of MoneyGram for $30 million as a means to expand a key part of its operations.

  • Why MoneyGram International Stock Sank Today
    Motley Foollast month

    Why MoneyGram International Stock Sank Today

    Shares pulled back sharply following Tuesday's torrid gains.

  • American City Business Journalslast month

    Pressured MoneyGram finds needed $50M deal from cryptocurrency company Ripple

    Moneygram's stock had fallen from nearly $18 in April 2017 before recently trading at less than $1.50. It has more than doubled after the deal with Ripple was announced.

  • Implied Volatility Surging for MoneyGram (MGI) Stock Options
    Zackslast month

    Implied Volatility Surging for MoneyGram (MGI) Stock Options

    Investors need to pay close attention to MoneyGram (MGI) stock based on the movements in the options market lately.

  • TheStreet.comlast month

    Stocks End Up on News of Trump/Xi G-20 Meeting

    Stocks ended up Tuesday after President Trump said he will meet with Chinese President Xi Jinping at the G-20 meeting.

  • TheStreet.comlast month

    MoneyGram Soars on $50M Investment From Blockchain Startup Ripple

    Ripple, the company behind the XRP cryptocurrency, said it has agreed to buy $30 million of MoneyGram shares and warrants to buy stock at $4.10 a share. In a strategic partnership, Ripple will become @MoneyGram's global partner for cross-border payment and foreign exchange settlement, using XRP. last week announced that it was developing its own cryptocurrency and payment system called Libra, backed by a consortium of large industry players and investment firms.

  • MoneyGram, Ripple Tie Up to Enhance Cross-Border Payments
    Zackslast month

    MoneyGram, Ripple Tie Up to Enhance Cross-Border Payments

    MoneyGram's (MGI) partnership with Ripple is likely to enhance its cross-border payments business and boost revenue growth.

  • MoneyGram News: MGI Stock Skyrockets on Ripple Deal
    InvestorPlacelast month

    MoneyGram News: MGI Stock Skyrockets on Ripple Deal

    MoneyGram news about a deal with Ripple has MGI stock flying high on Tuesday.Source: Shutterstock MoneyGram (NASDAQ:MGI) says that the deal with Ripple will have the two companies working together on the cross-border payment process. This will be possible through the use of Ripple's xRapid product.The MoneyGram news also includes an investment in the company from Ripple. This has Ripple investing $30 million into the company. This comes in the form of newly-issued shares of MGI stock and warrants to purchase additional shares.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoneyGram notes that the investment has Ripple purchasing the shares of MGI stock at $4.10. This represents a roughly 182% premium over the closing price of MGI stock on Monday. It is also above the stock's highest price of $3.66 for the current year.An additional part of the deal allows Ripple to purchase more MGI stock or warrants. This deal lets the company make purchase up to $20 million worth of stock or warrants for as little as the $4.10 price. * 5 Stocks to Buy for $20 or Less "We are very pleased with the terms of the Ripple investment which supports the Company with permanent capital and additional liquidity," Larry Angelilli, CFO of MoneyGram, said in a statement. "This partnership also provides MoneyGram with the opportunity to improve operating efficiencies and increase earnings and free cash flow."MGI stock was up 102% as of noon Tuesday, but is down 60% since the start of the year. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post MoneyGram News: MGI Stock Skyrockets on Ripple Deal appeared first on InvestorPlace.

  • Barrons.comlast month

    MoneyGram Stock Doubled Because Ripple Will Invest Up to $50 Million

    Ripple, a startup behind the XRP cryptocurrency, agreed to invest up to $50 million in MoneyGram International, in a deal that stands to rank among the first crypto-based company investments in a major U.S. publicly listed firm.

  • Why MoneyGram Stock Rose Over 155% on Ripple Investment
    Market Realistlast month

    Why MoneyGram Stock Rose Over 155% on Ripple Investment

    Today at 8:55 AM ET, MoneyGram International (MGI) stock had soared by over 155% for the day to $3.70 in the premarket session. These massive gains came after the company announced its strategic partnership with blockchain company Ripple.

  • Here’s Why MoneyGram International Is Up More Than 100% Today
    Motley Foollast month

    Here’s Why MoneyGram International Is Up More Than 100% Today

    The payment company’s stock has literally doubled overnight. What happened?

  • Moneygram Options Volume Explodes After Blockchain Deal
    Schaeffer's Investment Researchlast month

    Moneygram Options Volume Explodes After Blockchain Deal

    The penny stock has almost doubled in value today

  • Ripple invests $30 million in Moneygram
    Yahoo Finance Videolast month

    Ripple invests $30 million in Moneygram

    Moneygram stock gets a boost on news that Ripple is investing $30 million in the company. Ripple can buy another $20 million at a minimum price of $4.10 over the next two years.  Moneygram will now use Ripple's xRapid products to process cross-border payments and this shot of life comes as the stock had dropped from $7 a share at this time last year to $1.45 as of Monday's close. Yahoo Finance’s Dan Roberts, Myles Udland, and Heidi Chung discuss Moneygram’s moves on Tuesday.