Millennium Group International Holdings Ltd [NASDAQ: MGIH] jumped around 1.44 points on Thursday, while shares priced at $2.97 at the close of the session, up 94.12%.
Compared to the average trading volume of 24.69K shares, MGIH reached a trading volume of 75224522 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Millennium Group International Holdings Ltd [MGIH]?
The Average True Range (ATR) for Millennium Group International Holdings Ltd is set at 0.48, with the Price to Sales ratio for MGIH stock in the period of the last 12 months amounting to 0.87. The Price to Book ratio for the last quarter was 1.08, with the Price to Cash per share for the same quarter was set at 1.19.
How has MGIH stock performed recently?
Millennium Group International Holdings Ltd [MGIH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 107.69. With this latest performance, MGIH shares gained by 85.63% in over the last four-week period, additionally plugging by 90.38% over the last 6 months – not to mention a rise of 128.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MGIH stock in for the last two-week period is set at 86.96, with the RSI for the last a single of trading hit 91.12, and the three-weeks RSI is set at 82.73 for Millennium Group International Holdings Ltd [MGIH]. The present Moving Average for the last 50 days of trading for this stock 1.6000, while it was recorded at 1.7600 for the last single week of trading, and 1.5400 for the last 200 days.
Millennium Group International Holdings Ltd [MGIH]: Deeper insight into the fundamentals
Millennium Group International Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.98 and a Current Ratio set at 2.29.
