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Magic Empire Global NasdaqCM:MEGL Stock Report

Last Price

US$0.66

Market Cap

US$13.4m

7D

5.7%

1Y

-58.8%

Updated

27 Mar, 2024

Data

Company Financials

Magic Empire Global Limited

NasdaqCM:MEGL Stock Report

Market Cap: US$13.4m

MEGL Stock Overview

Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong.

MEGL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Magic Empire Global Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Magic Empire Global
Historical stock prices
Current Share PriceUS$0.66
52 Week HighUS$5.87
52 Week LowUS$0.61
Beta0
1 Month Change-14.29%
3 Month Change-23.70%
1 Year Change-58.75%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.32%

Recent News & Updates

Recent updates

Magic Empire Global Limited: Lessons From The Ashes

Aug 11

Magic Empire Global Limited opens at $50, after pricing IPO at $4

Aug 05

Shareholder Returns

MEGLUS Capital MarketsUS Market
7D5.7%1.7%0.4%
1Y-58.8%32.8%28.8%

Return vs Industry: MEGL underperformed the US Capital Markets industry which returned 33.6% over the past year.

Return vs Market: MEGL underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is MEGL's price volatile compared to industry and market?
MEGL volatility
MEGL Average Weekly Movement14.2%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: MEGL's share price has been volatile over the past 3 months.

Volatility Over Time: MEGL's weekly volatility has decreased from 49% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20169Johnson Chenhttps://www.giraffecap.com

Magic Empire Global Limited engages in the provision of corporate finance advisory services and underwriting services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, financial advisory, post-listing compliance advisory, and underwriting services to corporations. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.

Magic Empire Global Limited Fundamentals Summary

How do Magic Empire Global's earnings and revenue compare to its market cap?
MEGL fundamental statistics
Market capUS$13.37m
Earnings (TTM)-US$586.81k
Revenue (TTM)US$1.18m

11.4x

P/S Ratio

-22.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEGL income statement (TTM)
RevenueHK$9.20m
Cost of RevenueHK$2.36m
Gross ProfitHK$6.84m
Other ExpensesHK$11.43m
Earnings-HK$4.59m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin74.38%
Net Profit Margin-49.91%
Debt/Equity Ratio0%

How did MEGL perform over the long term?

See historical performance and comparison
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