The stock has a 36-month beta value of 2.69.
The public float for MEGL is 1.43M, and at present, short sellers hold a 7.95% of that float. On June 04, 2025, the average trading volume of MEGL was 905.57K shares.
MEGL) stock’s latest price update
The stock price of Magic Empire Global Ltd (NASDAQ: MEGL) has jumped by 12.69 compared to previous close of 1.21. Despite this, the company has seen a gain of 1.75% in its stock price over the last five trading days. globenewswire.com reported 2025-03-04 that Hong Kong, March 04, 2025 (GLOBE NEWSWIRE) — Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) is pleased to announce that the bid price deficiency concern raised by Nasdaq has been successfully resolved.
MEGL’s Market Performance
Magic Empire Global Ltd (MEGL) has experienced a 1.75% rise in stock performance for the past week, with a 12.31% rise in the past month, and a -6.61% drop in the past quarter. The volatility ratio for the week is 7.54%, and the volatility levels for the past 30 days are at 12.43% for MEGL. The simple moving average for the past 20 days is -5.26% for MEGL’s stock, with a -25.67% simple moving average for the past 200 days.
MEGL Trading at 1.04% from the 50-Day Moving Average
After a stumble in the market that brought MEGL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.30% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MEGL starting from Chen Sze Hon, Johnson, who proposed sale 1,500,000 shares at the price of $0.56 back on Jan 09 ’25. After this action, Chen Sze Hon, Johnson now owns shares of Magic Empire Global Ltd, valued at $843,000 using the latest closing price.
Stock Fundamentals for MEGL
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- -0.26 for the gross margin
The net margin for Magic Empire Global Ltd stands at -0.37. The total capital return value is set at -0.08. Equity return is now at value -3.59, with -3.45 for asset returns.
Based on Magic Empire Global Ltd (MEGL), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -1.09. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -167.0.
Currently, EBITDA for the company is -2.57 million with net debt to EBITDA at 47.97. When we switch over and look at the enterprise to sales, we see a ratio of -6.24. The receivables turnover for the company is 5.7for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 36.89.
Conclusion
To sum up, Magic Empire Global Ltd (MEGL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
