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NASDAQ:MEGL

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

Magic Empire Global logo
$0.60 -0.02 (-3.20%)
As of 01/21/2025 03:56 PM Eastern

About Magic Empire Global Stock (NASDAQ:MEGL)

Key Stats

Today's Range
$0.58
$0.63
50-Day Range
$0.47
$0.91
52-Week Range
$0.41
$1.38
Volume
189,620 shs
Average Volume
7.46 million shs
Market Capitalization
$12.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Magic Empire Global Stock Analysis - MarketRank™

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15th Percentile Overall Score

MEGL MarketRank™: 

Magic Empire Global scored higher than 15% of companies evaluated by MarketBeat, and ranked 913th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Magic Empire Global.

  • Price to Book Value per Share Ratio

    Magic Empire Global has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.94% 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 3.19%, indicating that investor sentiment is improving.
  • 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.

  • Percentage of Shares Shorted

    0.94% 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 3.19%, indicating that investor sentiment is improving.
  • Search Interest

    10 people have searched for MEGL on MarketBeat in the last 30 days.
  • 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.

  • Read more about Magic Empire Global's insider trading history.
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MEGL Stock News Headlines

Magic Empire Global Ltd
Magic Empire Global Ltd. Restructures Share Classes and Leadership
Every trader in the USA will feel this January 29th mega-catalyst
Tim Sykes is one of the few traders online who I take seriously… So when he called about a new warning for investors in 2025, I shut up and listened. And, when I got off the phone with him, I RUSHED to type this message out to you…
Magic Empire Global Ltd. Announces Key Shareholder Meeting
See More Headlines

MEGL Stock Analysis - Frequently Asked Questions

Magic Empire Global's stock was trading at $0.5399 at the beginning of 2025. Since then, MEGL shares have increased by 11.0% and is now trading at $0.5992.
View the best growth stocks for 2025 here
.

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

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.

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
1/21/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:MEGL
Employees
9
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.77 million
Book Value
$0.85 per share

Miscellaneous

Free Float
N/A
Market Cap
$12.54 million
Optionable
Not Optionable
Beta
2.76
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This page (NASDAQ:MEGL) was last updated on 1/22/2025 by MarketBeat.com Staff
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