In the latest trading session,, 51.2 million Magic Empire Global Ltd (NASDAQ:MEGL) shares changed hands as the company’s beta touched 2.70. With the company’s most recent per share price at $2.05 changing hands around $0.77 or 59.63% at last look, the market valuation stands at $16.49M. MEGL’s current price is a discount, trading about -169.27% off its 52-week high of $5.52. The share price had its 52-week low at $1.02, which suggests the last value was 50.24% up since then. When we look at Magic Empire Global Ltd’s average trading volume, we note the 10-day average is 35930.0 shares, with the 3-month average coming to 903.50K.

Magic Empire Global Ltd (NASDAQ:MEGL) trade information

Instantly MEGL is in green as seen in intraday trades today. With action 49.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -5.31%, with the 5-day performance at 49.98% in the green. However, in the 30-day time frame, Magic Empire Global Ltd (NASDAQ:MEGL) is 21.01% up. Looking at the short shares, we see there were 0.11 million shares sold at short interest cover period of 0.04 days.

MEGL Dividends

Magic Empire Global Ltd is expected to release its next quarterly earnings report in July.

Magic Empire Global Ltd (NASDAQ:MEGL)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 40.31% of Magic Empire Global Ltd shares while 0.98% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.65%. There are 0.98% institutions holding the Magic Empire Global Ltd stock share, with CITADEL ADVISORS LLC the top institutional holder. As of 2024-06-30, the company held 0.181% of the shares, roughly 36659.0 MEGL shares worth $20111.0.

UBS GROUP AG holds the second largest percentage of outstanding shares, with 0.1118% or 22641.0 shares worth $12226.0 as of 2024-06-30.

With 1.37 shares estimated at $2661.0 under it, the former controlled 0.03% of total outstanding shares.