Millennium Group International (NASDAQ:MGIH) Issues Earnings Results

Millennium Group International (NASDAQ:MGIH) posted its earnings results on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $5.43 million for the quarter.

Millennium Group International Price Performance

NASDAQ MGIH opened at $1.50 on Friday. The firm has a 50-day moving average price of $1.50 and a two-hundred day moving average price of $1.45. Millennium Group International has a 12-month low of $1.11 and a 12-month high of $4.84.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Millennium Group International in a research report on Monday, May 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Millennium Group International currently has an average rating of “Sell”.

About Millennium Group International

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.