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.
As of close of business last night, Millennium Group International Holdings Ltd’s stock clocked out at $1.80, up 19.21% from its previous closing price of $1.51. In other words, the price has increased by $19.21 from its previous closing price. On the day, 0.57 million shares were traded. MGIH stock price reached its highest trading level at $2.1999 during the session, while it also had its lowest trading level at $1.55.
Ratios:
To gain a deeper understanding of MGIH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.20 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 20250000 and an Enterprise Value of 13035228. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.338 whereas that against EBITDA is -2.358.
Stock Price History:
Over the past 52 weeks, MGIH has reached a high of $9.57, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 11.42%, while the 200-Day Moving Average is calculated to be 16.29%.
Shares Statistics:
It appears that MGIH traded 1.23M shares on average per day over the past three months and 7772820 shares per day 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 0.20% stake in the company. Shares short for MGIH as of 1734048000 were 2341 with a Short Ratio of 0.00, compared to 1731628800 on 4985. Therefore, it implies a Short% of Shares Outstanding of 2341 and a Short% of Float of 0.19.
