Magic Empire Global Stock Price on March 17, 2025

MEGL Stock  USD 1.73  0.01  0.57%   
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 1.73, as last reported on the 25th of June, with the highest price reaching 1.75 and the lowest price hitting 1.70 during the day. Magic Empire appears to be out of control, given 3 months investment horizon. Magic Empire Global has Sharpe Ratio of 0.0723, which conveys that the firm had a 0.0723 % return per unit of risk over the last 3 months. By analyzing Magic Empire's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please exercise Magic Empire's Downside Deviation of 5.69, risk adjusted performance of 0.1204, and Mean Deviation of 5.94 to check out if our risk estimates are consistent with your expectations.
The value of Total Stockholder Equity is estimated to slide to about 75.7 M. The value of Common Stock Shares Outstanding is expected to slide to about 4.8 M. The value of Price To Sales Ratio is estimated to slide to 6.31. Price Earnings Ratio is expected to rise to -17.06 this year. Magic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
0.4261
Enterprise Value Ebitda
3.0594
Price Sales
0.55
Shares Float
3.2 M
Earnings Share
(0.12)

Magic Empire Valuation on March 17, 2025

It is possible to determine the worth of Magic Empire on a given historical date. On March 17, 2025 Magic was worth 1.49 at the beginning of the trading date compared to the closed value of 1.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magic Empire stock. Still, in general, we apply an absolute valuation method to find Magic Empire's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Magic Empire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magic Empire's related companies.
 Open High Low Close Volume
  1.38    1.48    1.38    1.46    43,054  
03/17/2025
  1.49    1.49    1.40    1.45    48,368  
  1.46    1.57    1.45    1.47    47,815  
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Open Value
1.49
1.45
Closing Value
39.88
Upside

Magic Empire Trading Date Momentum on March 17, 2025

On March 18 2025 Magic Empire Global was traded for  1.47  at the closing time. The top price for the day was 1.57  and the lowest listed price was  1.45 . The trading volume for the day was 47.8 K. The trading history from March 18, 2025 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 1.38% . The trading delta at closing time against the current closing price is 2.07% .

Magic Empire Global Fundamentals Correlations and Trends

By evaluating Magic Empire's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Magic Empire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magic financial account trend analysis is a perfect complement when working with valuation or volatility modules.

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 Outstanding5.1 M4.8 M
Net Income Applicable To Common Shares1.4 M1.3 M

Magic Empire Quarterly Net Working Capital

127.1 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...

Price Boundaries

Magic Empire Period Price Range

Low
June 25, 2025
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High

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Magic Empire Global cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Magic Empire June 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Magic Empire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magic Empire shares will generate the highest return on investment. By undertsting and applying Magic Empire stock market strength indicators, traders can identify Magic Empire Global entry and exit signals to maximize returns

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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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
(0.12)
Revenue Per Share
2.525
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.03)
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.