Millennium Group International (MGIH) Stock Price, News & Analysis

Company Overview

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries. It also provides packaging products supply chain management solutions, and board games and various board game accessories. The company was founded in 1978 and is headquartered in Kwun Tong, Hong Kong. Millennium Group International Holdings Limited operates as a subsidiary of YC 1926 (BVI) Limited.

Key Stats

• Today's Range: $1.43 to $1.53
• 50-Day Range: $1.44 to $1.93
• 52-Week Range: $0.89 to $9.57
• Volume: 12,764 shs
• Average Volume: 518,882 shs
• Market Capitalization: $16.99 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Millennium Group International Stock Analysis - MarketRank™

Millennium Group International scored higher than 4% of companies evaluated by MarketBeat, and ranked 185th out of 189 stocks in the basic materials sector. 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 Millennium Group International.

Earnings and Valuation

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

Price to Book Value per Share Ratio

Millennium Group International has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.31% of the float of Millennium Group International has been sold short.

Short Interest Ratio / Days to Cover

Millennium Group International has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Millennium Group International has recently increased by 3,800.00%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Millennium Group International does not currently pay a dividend.

Dividend Growth

Millennium Group International does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.31% of the float of Millennium Group International has been sold short.

Short Interest Ratio / Days to Cover

Millennium Group International has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Millennium Group International has recently increased by 3,800.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.7 / 5
• News Sentiment: N/A

News Sentiment

Millennium Group International has a news sentiment score of -0.68. 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 0.35 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Millennium Group International this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Millennium Group International insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.32% of the stock of Millennium Group International is held by institutions.

MGIH Stock Analysis - Frequently Asked Questions

How have MGIH shares performed this year?

Millennium Group International's stock was trading at $1.24 at the beginning of 2024. Since then, MGIH shares have increased by 21.8% and is now trading at $1.51.
View the best growth stocks for 2024 here.

When did Millennium Group International IPO?

Millennium Group International (MGIH) raised $5 million in an IPO on Tuesday, April 4th 2023. The company issued 1,300,000 shares at a price of $4.00 per share. Revere Securities and R.F. Lafferty & Co. served as the underwriters for the IPO.

How do I buy shares of Millennium Group International?

Shares of MGIH 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Millennium Group International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Millennium Group International investors own include iRobot (IRBT), Meta Platforms (META), Marathon Digital (MARA), Lockheed Martin (LMT), G1 Therapeutics (GTHX), FTC Solar (FTCI) and 3D Systems (DDD).

Company Calendar

• Today: 11/02/2024
• Next Earnings (Estimated): 1/29/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Commercial printing
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:MGIH
• CUSIP: N/A
• CIK: 1903995
• Web: www.millennium-gp.com
• Phone: 852-3619-5768
• Fax: N/A
• Employees: 792
• 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: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $45.60 million
• Price / Sales: 0.37
• Cash Flow: $0.11 per share
• Price / Cash Flow: 13.19
• Book Value: $3.55 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 11,250,000
• Free Float: N/A
• Market Cap: $16.99 million
• Optionable: Not Optionable
• Beta: 0.38