Magic Empire Global (NASDAQ:MEGL) Stock Jumps 1.8% – Here’s What Happened

Magic Empire Global Limited (NASDAQ:MEGL – Get Free Report)’s share price traded up 1.8% during trading on Wednesday. The company traded as high as $0.7750 and last traded at $0.73. Approximately 3,160 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 17,236 shares. The stock had previously closed at $0.7174.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Magic Empire Global in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

View Our Latest Research Report on MEGL

Magic Empire Global Stock Up 3.2%

The company’s 50 day moving average price is $1.04 and its two-hundred day moving average price is $1.13.

About Magic Empire Global

(Get Free Report)

Magic Empire Global Limited (NASDAQ: MEGL) is a Hong Kong-based financial services company that provides corporate finance and related advisory services to businesses. Its activities primarily support companies seeking to raise capital, pursue public listings, or address other strategic and regulatory requirements.

The company’s services include initial public offering sponsorship and underwriting, corporate finance advisory, compliance and regulatory consulting, and securities placement.

Further Reading

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