MEGL Company Profile and Key Details

Magic Empire Global Limited has 4.06 million shares outstanding. The public float is 3.17 million shares, elevated short interest at 5.47% of float. This equals 132.59 thousand shares. The short ratio is 1.0 days. Institutional investors hold 1.42% of the float. Insiders own 40.31%.

MEGL has shown mixed momentum, gaining 0.26% over the past week and -15.64% over the past quarter, though year-to-date performance is up 4.1%. Short-term trend indicators are bullishly aligned (SMA20 -9.54%, SMA50 -20.81%, SMA200 -34.82%). The stock’s 14-day RSI is 34.78 (weak momentum), while the ATR of 0.08 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -65.65% below its high and over 2.28% above its low. Average 10-day trading volume of 39.55 thousand shares is in line with the 3-month average of 42.55 thousand, indicating normal recent market interest.

Magic Empire Global Limited last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $2.60. This means the shares are trading below this model’s fair value.

Magic Empire Global Limited (NASDAQ:MEGL) closed at $1.20 USD, losing -$0.01 (-1.24%) from the previous close of $1.21. The stock is currently mid-range between its 52-week high and low $0.87 and $2.27. With a market capitalization of about $9.64 million, Magic Empire Global Limited is classified as a micro-cap and shows higher-than-market volatility (beta ~2.39). Key stats such as the average daily volume over the past year has been around 42.77 thousand shares, volume is running light vs its 52-week average. Headquartered in Central, None, Magic Empire Global Limited operates in the Financial Services sector and the Financial - Capital Markets industry. Led by CEO Sze Chen, the company employs approximately 8 people and listed since August 05, 2022. Based in Central, Hong Kong, Magic Empire Global Limited, established in 2016, delivers a suite of financial and corporate advisory services to businesses operating in Hong Kong.

Magic Empire Global Limited trades at a P/E ratio of -5.82, slightly below the S&P 500 average, with a price-to-sales ratio of 6.62 and a price-to-book ratio of 0.4 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.

Our AI price prediction model suggests that Magic Empire Global Limited stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -0.83%, with price expected at $1.19 by July 24, 2026, within a range of $1.10 to $1.28 3-Month Outlook: Projected fall of -18.33%, reaching $0.98 by October 08, 2026, with a range of $0.87 to $1.06. 1-Year Outlook: Projected gain of 80.83%, with price at $2.17 by July 09, 2027, within a range of $1.62 to $2.38.

Magic Empire Global Limited (NASDAQ:MEGL) shares are flat 4.1% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Magic Empire Global Limited trading at a premium to the broader market with a P/E of -5.82. Our AI forecast model points to short-term weakness (-0.83% over two weeks), a medium-term fall (-18.33% over three months), and a longer-term gain (80.83% over one year), with expected trading ranges indicating moderate volatility.