Magic Empire Global Limited (NASDAQ:MEGL – Get Free Report) dropped 0.6% during mid-day trading on Monday . The company traded as low as $0.50 and last traded at $0.53. Approximately 164,936 shares traded hands during trading, a decline of 95% from the average daily volume of 3,574,621 shares. The stock had previously closed at $0.53.
Magic Empire Global Price Performance
The firm’s fifty day simple moving average is $0.56 and its 200 day simple moving average is $0.52.
About Magic Empire Global
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, post-listing compliance advisory, and underwriting services by acting as global coordinator, bookrunner, lead manager, or underwriter.
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