Magic Empire Global (MEGL) Stock Price, News & Analysis

Company Overview

Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services by acting as global coordinator, bookrunner, lead manager, or underwriter. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations advisory, and other consulting services. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.

Key Stats

• Today's Range: 0.48 to 0.49
• 50-Day Range: 0.45 to 0.69
• 52-Week Range: 0.41 to 1.47
• Volume: 25,052 shs
• Average Volume: 234,414 shs
• Market Capitalization: $9.92 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MEGL Stock Analysis - Frequently Asked Questions

How have MEGL shares performed this year?

Magic Empire Global's stock was trading at 1.18 at the start of the year. Since then, MEGL stock has decreased by 58.6% and is now trading at 0.49.
View the best growth stocks for 2024 here.

When did Magic Empire Global IPO?

Magic Empire Global (MEGL) raised $20 million in an initial public offering on Friday, August 5th 2022. The company issued 5,000,000 shares at $4.00 per share.

How do I buy shares of Magic Empire Global?

Shares of MEGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Magic Empire Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Magic Empire Global investors own include Meta Platforms (META), Tesla (TSLA), Panbela Therapeutics (PBLA), Quotient (QTNT), Applied Optoelectronics (AAOI), AMTD Digital (HKD) and Kiora Pharmaceuticals (KPRX).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MEGL
• CUSIP: N/A
• CIK: 1881472
• Web: www.giraffecap.com
• Phone: 852-3577-8770
• Fax: 852-3188-3271
• Employees: 9
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 56.75
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $15.43 million
• Price / Sales: 0.64
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: 0.85 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 20,256,000
• Free Float: 7,491,000
• Market Cap: $9.90 million
• Optionable: Not Optionable
• Beta: 2.94