Magic Empire Global Ltd (NASDAQ:MEGL) currently has a daily average trading volume of 182.20K but it saw 3752899 shares traded in last market. With a market cap of 10.13M USD, the company’s current market price of $0.50 came rising about 7.07 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.47 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.451 while lowest mark touched by it was $0.678.
Taking a look at 20-day trading activity of Magic Empire Global Ltd (MEGL) gives us an average price of $0.5433, while its current price level is -65.99% below from 52-week high level whereas it is 23.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4921 while that of 200 days or SMA-200 reads an average of $0.6211. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.20% during that period while stretching the period over a month that increases to 15.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.13 which implies that the stock is in neutral territory.
Over the week, MEGL’s stock price is moving 2.04% up while it is 3.95% when we observe its performance for the past one month. Year-to-date it is -57.75% down and over the past year, the stock is showing a downside performance of -45.18%.
Currently, Magic Empire Global Ltd’s total number of outstanding shares is 20.26M. Company’s return on investment (ROI) stands at -0.36% and return on equity (ROE) at -0.36%. Stock’s beta reads 2.98. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 5.76. Its return on asset (ROA) is -0.34% on average.
