Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Millennium Group International Holdings Ltd (NASDAQ: MGIH) closed at $2.44 down -1.21% from its previous closing price of $2.47. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 0.44 million shares were traded. MGIH stock price reached its highest trading level at $2.51 during the session, while it also had its lowest trading level at $2.24.
Ratios:
For a deeper understanding of Millennium Group International Holdings Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGIH now has a Market Capitalization of 27450000 and an Enterprise Value of 21536494. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 0.746 whereas that against EBITDA is -2.683.
Stock Price History:
The Beta on a monthly basis for MGIH is 0.78, which has changed by 0.4523809 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, MGIH has reached a high of $6.83, while it has fallen to a 52-week low of $1.34. The 50-Day Moving Average of. The Stock is 36.19%, while the 200-Day Moving Average is calculated to be 48.14%.
Shares Statistics:
For the past three months, MGIH has traded an average of 1.31M shares per day and 7990630 over the past ten days. A total of 11.25M shares are outstanding, with a floating share count of 1.25M. Insiders hold about 88.89% of the company’s shares, while institutions hold 0.33% stake in the company. Shares short for MGIH as of 1756425600 were 8863 with a Short Ratio of 0.01, compared to 1753920000 on 1517. Therefore, it implies a Short% of Shares Outstanding of 8863 and a Short% of Float of 0.70999996.
