MGO Global Inc (NASDAQ: MGOL): Time To Buy Over The Next Few Months

In the latest trading session, 6.75 million MGO Global Inc (NASDAQ:MGOL) shares changed hands as the company’s beta touched 7.31. With the company’s most recent per share price at $0.43 changed hands at -$0.52 or -54.63% at last look, the market valuation stands at $0.85M. MGOL’s current price is a discount, trading about -4155.81% off its 52-week high of $18.30. The share price had its 52-week low at $0.93, which suggests the last value was -116.28% down since then. When we look at MGO Global Inc’s average trading volume, we note the 10-day average is 51100.0 shares, with the 3-month average coming to 62.50K.

MGO Global Inc (NASDAQ:MGOL) trade information

Instantly MGOL was in red as seen in intraday trades today. With action -78.98%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -89.98%, with the 5-day performance at -78.98% in the red. However, in the 30-day time frame, MGO Global Inc (NASDAQ:MGOL) is -81.66% down. Looking at the short shares, we see there were 82194.0 shares sold at short interest cover period of 0.93 days.

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MGOL Dividends

MGO Global Inc is expected to release its next quarterly earnings report in January.

MGO Global Inc (NASDAQ:MGOL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 47.86% of MGO Global Inc shares while 0.13% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.25%.