MEGL Company Profile and Key Details

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 9.98 thousand shares is below the 3-month average of 24.14 thousand, indicating normal recent market interest.

Magic Empire Global Limited has 4.06 million shares outstanding. The public float is 1.91 million shares, elevated short interest at 4.88% of float. This equals 38.47 thousand shares. The short ratio is 1.26 days. Institutional investors hold 0.86% of the float. Insiders own 0.0%.

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 $2.61. This means the shares are trading below this model’s fair value.

Magic Empire Global Limited (NASDAQ:MEGL) closed at $1.26 USD, gaining $0.04 (3.28%) from the previous close of $1.22. The stock is currently mid-range between its 52-week high and low $0.87 and $1.90. With a market capitalization of about $10.16 million, Magic Empire Global Limited is classified as a micro-cap and shows higher-than-market volatility (beta ~2.38). Key stats such as the average daily volume over the past year has been around 22.66 thousand shares, volume is running light vs its 52-week average. Headquartered in Hong Kong, None, Magic Empire Global Limited operates in the Financial Services sector and the Financial - Capital Markets industry. Led by CEO Shufen Huang, the company employs approximately 7 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 (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 -6.01. Our AI forecast model points to short-term strength (1.64% over two weeks), a medium-term fall (-36.07% over three months), and a longer-term gain (329.51% over one year), with expected trading ranges indicating moderate volatility.

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 increase of 1.64%, with price expected at $1.24 by September 23, 2026, within a range of $1.20 to $1.28 3-Month Outlook: Projected fall of -36.07%, reaching $0.78 by December 08, 2026, with a range of $0.71 to $0.85. 1-Year Outlook: Projected gain of 329.51%, with price at $5.24 by September 09, 2027, within a range of $0.78 to $5.46.

Magic Empire Global Limited trades at a P/E ratio of -6.01, slightly below the S&P 500 average, with a price-to-sales ratio of 6.84 and a price-to-book ratio of 0.41 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.