Magic Empire Global Stock Today
| MEGL Stock | USD 1.48 0.02 1.37% |
PerformanceVery Weak
| Odds Of DistressQuite High
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Magic Empire is selling for 1.48 as of the 20th of March 2025. This is a 1.37 percent increase since the beginning of the trading day. The stock's lowest day price was 1.45. Magic Empire has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain Financial Services | IPO Date 5th of August 2022 | Classification Financials |
Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong. The company has 4.06 M outstanding shares of which 139.63 K shares are now shorted by private and institutional investors with about 0.15 trading days to cover. More on Magic Empire Global
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Magic Stock Highlights
| Thematic Idea | Banking (View all Themes) | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Banking, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) | ||||
Magic Empire can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magic Empire's financial leverage. It provides some insight into what part of Magic Empire's total assets is financed by creditors.
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Magic Empire Global (MEGL) is traded on NASDAQ Exchange in USA. It is located in 8 Wyndham Street, Central, Hong Kong and employs 8 people. Magic Empire is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.93 M. Magic Empire Global conducts business under Capital Markets sector and is part of Financials industry. The entity has 4.06 M outstanding shares of which 139.63 K shares are now shorted by private and institutional investors with about 0.15 trading days to cover.
Magic Empire Global currently holds about 11.69 M in cash with 94.49 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
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Ownership AllocationMagic Empire Global holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares.
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Magic Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2024-12-31 | 57.8 K | |
| Ubs Group Ag | 2024-12-31 | 19.5 K | |
| Virtu Financial Llc | 2024-12-31 | 14.8 K | |
| Xtx Topco Ltd | 2024-12-31 | 12.1 K | |
| Hrt Financial Llc | 2024-12-31 | 11.7 K | |
| Morgan Stanley - Brokerage Accounts | 2024-12-31 | 4.7 K | |
| Moss Adams Wealth Advisors Llc | 2024-12-31 | 0.0 | |
| Citadel Advisors Llc | 2024-09-30 | 0.0 |
Magic Empire Historical Income Statement
Magic Stock Against Markets
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 | Quarterly Revenue Growth 0.269 | Return On Assets |
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.