In last trading session, Magic Empire Global Limited (NASDAQ:MEGL) saw 0.14 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.45 trading at $0.03 or 1.24% at ring of the bell on the day assigns it a market valuation of $47.60M. That closing price of MEGL’s stock is at a discount of -10101.63% from its 52-week high price of $249.94 and is indicating a premium of 10.2% from its 52-week low price of $2.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.57 million shares which gives us an average trading volume of 1.91 million if we extend that period to 3-months.
Magic Empire Global Limited (NASDAQ:MEGL) trade information
Upright in the green during last session for gaining 1.24%, in the last five days MEGL remained trading in the red while hitting it’s week-highest on Thursday, 11/17/22 when the stock touched $2.45 price level, adding 3.16% to its value on the day. Magic Empire Global Limited’s shares saw a change of -97.47% in year-to-date performance and have moved -1.61% in past 5-day. Magic Empire Global Limited (NASDAQ:MEGL) showed a performance of -2.78% in past 30-days. Number of shares sold short was 0.14 million shares which calculate 0.06 days to cover the short interests.
Magic Empire Global Limited is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Magic Empire Global Limited (NASDAQ:MEGL)’s Major holders
Insiders are in possession of 63.02% of company’s total shares while institution are holding 0.11 percent of that, with stock having share float percentage of 0.31%. Investors also watch the number of corporate investors in a company very closely, which is 0.11% institutions for Magic Empire Global Limited that are currently holding shares of the company.