Is Magic Empire Global Ltd (NASDAQ: MEGL) Still A Buy After plugging 39.21% Last Week?

During the last session, Magic Empire Global Ltd (NASDAQ:MEGL)’s traded shares were 0.84 million, with the beta value of the company hitting 2.76. At the end of the trading day, the stock’s price was $1.69, reflecting an intraday loss of -6.63% or -$0.12. The 52-week high for the MEGL share is $5.52, that puts it down -226.63 from that peak though still a striking 39.64% gain since the share price plummeted to a 52-week low of $1.02. The company’s market capitalization is $13.63M, and the average trade volume was 986.99K shares over the past three months.

Magic Empire Global Ltd (NASDAQ:MEGL) trade information

Magic Empire Global Ltd (MEGL) registered a -6.63% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.63% in intraday trading to $1.69, hitting a weekly high. The stock’s 5-day price performance is 39.21%, and it has moved by 33.07% in 30 days. Based on these gigs, the overall price performance for the year is -34.90%.

MEGL Dividends

Magic Empire Global Ltd is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 22641.0 shares, is of UBS GROUP AG’s that is approximately 0.1118% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12226.0.

Data provided on Mar 31, 2025 indicates that Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund owns about 1.37 shares. This amounts to just over 0.03 percent of the company’s overall shares, with a $2318.0 market value.