Market Recap Check: MGO Global Inc (MGOL)’s Positive Finish at 0.58, Up/Down 0.33

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The price of MGO Global Inc (NASDAQ: MGOL) closed at $0.58 in the last session, up 0.33% from day before closing price of $0.58. In other words, the price has increased by $0.33 from its previous closing price. On the day, 0.76 million shares were traded. MGOL stock price reached its highest trading level at $0.5995 during the session, while it also had its lowest trading level at $0.54.

Ratios:

We take a closer look at MGOL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.37 and its Current Ratio is at 14.13. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGOL now has a Market Capitalization of 5346098 and an Enterprise Value of 4693777. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is -0.467.

Stock Price History:

The Beta on a monthly basis for MGOL is 7.52, which has changed by -0.8687783 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, MGOL has reached a high of $18.30, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is -65.42%, while the 200-Day Moving Average is calculated to be -81.67%.

Shares Statistics:

According to the various share statistics, MGOL traded on average about 1.95M shares per day over the past 3-months and 5649640 shares per day over the past 10 days. A total of 2.90M shares are outstanding, with a floating share count of 2.34M. Insiders hold about 19.27% of the company’s shares, while institutions hold 34.47% stake in the company. Shares short for MGOL as of 1730332800 were 82194 with a Short Ratio of 0.99, compared to 1727654400 on 56153. Therefore, it implies a Short% of Shares Outstanding of 82194 and a Short% of Float of 4.19.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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