Magic Empire Global Stock Price History

MEGL Stock  USD 1.48  0.02  1.37%   
If you're considering investing in Magic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magic Empire stands at 1.48, as last reported on the 21st of March, with the highest price reaching 1.60 and the lowest price hitting 1.45 during the day. Magic Empire Global has Sharpe Ratio of -0.0126, which conveys that the firm had a -0.0126 % return per unit of risk over the last 3 months. Magic Empire exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magic Empire's Standard Deviation of 9.36, insignificant risk adjusted performance, and Mean Deviation of 4.73 to check out the risk estimate we provide.
  
At this time, Magic Empire's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 166.9 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 19.2 M. . At this time, Magic Empire's Price Earnings To Growth Ratio is quite stable compared to the past year. Price To Operating Cash Flows Ratio is expected to rise to about 10.3 K this year, although the value of Price Earnings Ratio is projected to rise to (1.7 K). Magic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0126

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Estimated Market Risk

 9.88
  actual daily
88
88% of assets are less volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Magic Empire is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Magic Empire by adding Magic Empire to a well-diversified portfolio.
Price Book
0.3443
Enterprise Value Ebitda
3.0594
Price Sales
0.3845
Shares Float
5.1 M
Earnings Share
(0.02)

Magic Empire Stock Price History Chart

There are several ways to analyze Magic Stock price data. The simplest method is using a basic Magic candlestick price chart, which shows Magic Empire price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 7, 20253.64
Lowest PriceMarch 10, 20251.33

Magic Empire March 21, 2025 Stock Price Synopsis

Various analyses of Magic Empire's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Magic Stock. It can be used to describe the percentage change in the price of Magic Empire from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Magic Stock.
Magic Empire Price Action Indicator(0.04)
Magic Empire Price Rate Of Daily Change 1.01 
Magic Empire Accumulation Distribution 8,220 
Magic Empire Price Daily Balance Of Power 0.13 

Magic Empire March 21, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Magic Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Magic Empire intraday prices and daily technical indicators to check the level of noise trading in Magic Stock and then apply it to test your longer-term investment strategies against Magic.

Magic Stock Price History Data

The price series of Magic Empire for the period between Sat, Dec 21, 2024 and Fri, Mar 21, 2025 has a statistical range of 2.31 with a coefficient of variation of 23.41. The daily prices for the period are spread out with arithmetic mean of 2.02. The median price for the last 90 days is 2.02. The company underwent 1:4 stock split on 18th of February 2025. Magic Empire Global issued dividends to stockholders on 2023-10-13.
OpenHighLowCloseVolume
03/20/2025 1.46  1.60  1.45  1.48  87,683 
03/19/2025 1.45  1.52  1.45  1.46  5,326 
03/18/2025 1.46  1.57  1.45  1.47  47,815 
03/17/2025 1.49  1.49  1.40  1.45  48,368 
03/14/2025 1.38  1.48  1.38  1.46  43,054 
03/13/2025 1.35  1.40  1.33  1.37  34,112 
03/12/2025 1.40  1.43  1.37  1.37  16,202 
03/11/2025 1.38  1.45  1.31  1.39  21,447 
03/10/2025 1.41  1.44  1.29  1.33  14,237 
03/07/2025 1.45  1.49  1.32  1.40  54,450 
03/06/2025 1.50  1.53  1.40  1.51  78,469 
03/05/2025 1.42  1.55  1.38  1.53  26,046 
03/04/2025 1.40  1.55  1.23  1.46  159,068 
03/03/2025 1.45  1.50  1.41  1.46  69,590 
02/28/2025 1.58  1.60  1.42  1.45  95,809 
02/27/2025 1.60  1.72  1.53  1.56  51,465 
02/26/2025 1.61  1.70  1.55  1.66  89,684 
02/25/2025 1.81  1.87  1.50  1.61  296,917 
02/24/2025 1.76  3.06  1.60  1.94  3,791,581 
02/21/2025 1.71  1.81  1.65  1.75  75,574 
02/20/2025 1.78  1.84  1.68  1.76  51,629 
02/19/2025 1.81  1.98  1.72  1.82  126,400 
02/18/2025 1.85  2.02  1.77  1.87  135,827 
02/14/2025 2.07  2.08  1.88  1.90  81,848 
02/13/2025 2.04  2.10  1.97  2.00  39,141 
02/12/2025 2.00  2.05  1.93  2.00  13,534 
02/11/2025 2.04  2.11  1.96  2.01  39,269 
02/10/2025 2.12  2.15  2.00  2.11  41,242 
02/07/2025 2.04  2.32  1.98  2.12  128,264 
02/06/2025 2.09  2.12  1.96  2.06  27,620 
02/05/2025 2.12  2.15  1.96  2.06  23,547 
02/04/2025 2.04  2.12  2.01  2.06  21,534 
02/03/2025 1.96  2.14  1.88  2.12  68,275 
01/31/2025 2.12  2.19  2.08  2.16  33,827 
01/30/2025 2.32  2.32  2.11  2.19  18,635 
01/29/2025 2.21  2.35  2.11  2.24  31,525 
01/28/2025 2.28  2.36  2.20  2.28  32,686 
01/27/2025 2.32  2.32  2.24  2.32  128,449 
01/24/2025 2.26  2.42  2.24  2.40  169,644 
01/23/2025 2.36  2.40  2.18  2.22  72,007 
01/22/2025 2.44  2.48  2.34  2.41  47,278 
01/21/2025 2.52  2.54  2.33  2.40  49,453 
01/17/2025 2.36  2.64  2.32  2.48  50,463 
01/16/2025 2.48  2.52  2.36  2.39  20,536 
01/15/2025 2.32  2.56  2.28  2.52  50,597 
01/14/2025 2.27  2.56  2.27  2.34  57,830 
01/13/2025 2.82  2.88  2.34  2.58  176,748 
01/10/2025 2.96  3.12  2.92  3.02  60,522 
01/08/2025 3.23  3.23  2.86  2.96  187,698 
01/07/2025 3.00  3.64  2.84  3.64  709,669 
01/06/2025 5.00  5.52  3.26  3.60  19,780,861 
01/03/2025 2.03  2.32  2.03  2.25  1,202,599 
01/02/2025 2.02  2.12  1.89  2.07  43,891 
12/31/2024 2.17  2.30  2.00  2.16  64,883 
12/30/2024 2.08  2.29  2.08  2.24  58,848 
12/27/2024 2.12  2.20  2.04  2.20  41,738 
12/26/2024 1.93  2.23  1.93  2.16  140,948 
12/24/2024 2.06  2.48  1.82  1.88  362,023 
12/23/2024 1.94  2.06  1.87  2.02  43,708 
12/20/2024 1.96  1.96  1.87  1.96  73,238 
12/19/2024 1.98  1.98  1.87  1.92  18,366 

About Magic Empire Stock history

Magic Empire investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Magic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magic Empire Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Magic Empire stock prices may prove useful in developing a viable investing in Magic Empire
Last ReportedProjected for Next Year
Common Stock Shares Outstanding23.3 M19.2 M
Net Income Applicable To Common Shares1.4 M1.3 M

Magic Empire Quarterly Net Working Capital

92.27 Million

Magic Empire Stock Technical Analysis

Magic Empire technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Magic Empire technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Magic Empire trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Magic Empire Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magic Empire's price direction in advance. Along with the technical and fundamental analysis of Magic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Empire. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
(0.02)
Revenue Per Share
3.047
Quarterly Revenue Growth
0.269
Return On Assets
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.