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: $1.29 to $1.44
• 50-Day Range: $1.33 to $3.64
• 52-Week Range: $1.23 to $5.52
• Volume: 14,237 shs
• Average Volume: 634,555 shs
• Market Capitalization: $5.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Magic Empire Global Stock Analysis - MarketRank™

Magic Empire Global scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Magic Empire Global.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Magic Empire Global has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.36% of the float of Magic Empire Global has been sold short.

Short Interest Ratio / Days to Cover

Magic Empire Global has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magic Empire Global has recently decreased by 85.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Magic Empire Global does not currently pay a dividend.

Dividend Growth

Magic Empire Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.36% of the float of Magic Empire Global has been sold short.

Short Interest Ratio / Days to Cover

Magic Empire Global has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magic Empire Global has recently decreased by 85.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.48

News Sentiment

Magic Empire Global has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.85 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Magic Empire Global this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Magic Empire Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

63.02% of the stock of Magic Empire Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.51% of the stock of Magic Empire Global is held by institutions.

MEGL Stock Analysis - Frequently Asked Questions

How have MEGL shares performed this year?

Magic Empire Global's stock was trading at $2.1596 at the start of the year. Since then, MEGL stock has decreased by 38.4% and is now trading at $1.33.
View the best growth stocks for 2025 here.

When did Magic Empire Global's stock split?

Magic Empire Global's stock reverse split on the morning of Tuesday, February 18th 2025. The 1-4 reverse split was announced on Saturday, January 1st 2000. The number of shares owned by shareholders was adjusted after the market closes on Monday, February 17th 2025. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

When did Magic Empire Global IPO?

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

Who are Magic Empire Global's major shareholders?

Magic Empire Global's top institutional shareholders include Renaissance Technologies LLC (0.29%).

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.

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: 3/10/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MEGL
• 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: 0.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.39 per share
• Price / Book: 0.39

Miscellaneous

• Outstanding Shares: 4,064,000
• Free Float: 1,503,000
• Market Cap: $5.41 million
• Optionable: Not Optionable
• Beta: 2.87