Assessing Whether Magic Empire Global Ltd (NASDAQ: MEGL) Is Over- Or Undervalued

Magic Empire Global Ltd (MEGL) concluded trading on Wednesday at a closing price of $1.95, with 49.31 million shares of worth about $96.16 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.41% during that period and on May 07, 2025 the price saw a gain of about 65.25%. Currently the company’s common shares owned by public are about 16.26M shares, out of which, 1.43M shares are available for trading.

Stock saw a price change of 66.67% in past 5 days and over the past one month there was a price change of 53.54%. Year-to-date (YTD), MEGL shares are showing a performance of -9.71% which decreased to -21.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.02 but also hit the highest price of $5.52 during that period. The average intraday trading volume for Magic Empire Global Ltd shares is 176.66K. The stock is currently trading 54.55% above its 20-day simple moving average (SMA20), while that difference is up 43.24% for SMA50 and it goes to 3.05% higher than SMA200.

Magic Empire Global Ltd (NASDAQ: MEGL) currently have 16.26M outstanding shares and institutions hold larger chunk of about 0.37% of that.

The stock has a current market capitalization of $15.73M and its 3Y-monthly beta is at 2.71. It has posted earnings per share of -$0.03 in the same period. It has Quick Ratio of 36.89 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MEGL, volatility over the week remained 16.05% while standing at 13.06% over the month.

Most Popular

Related Posts