Millennium Group International Holdings Ltd [NASDAQ: MGIH] price surged by 27.85 percent to reach at $0.61.
A sum of 16680881 shares traded at recent session while its average daily volume was at 1.01M shares. Millennium Group International Holdings Ltd shares reached a high of $2.855 and dropped to a low of $2.32 until finishing in the latest session at $2.8.
Guru’s Opinion on Millennium Group International Holdings Ltd [MGIH]:
The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 1.00.
MGIH Stock Performance Analysis:
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 76.10. With this latest performance, MGIH shares gained by 80.65% in over the last four-week period, additionally plugging by 73.91% over the last 6 months – not to mention a rise of 85.43% in the past year of trading.
Insight into Millennium Group International Holdings Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Millennium Group International Holdings Ltd [MGIH] shares currently have an operating margin of -32.14% and a Gross Margin at 17.20%. Millennium Group International Holdings Ltd’s Net Margin is presently recorded at -38.00%.
Millennium Group International Holdings Ltd (MGIH) Capital Structure & Debt Analysis
According to recent financial data for Millennium Group International Holdings Ltd. ( MGIH), the Return on Equity (ROE) stands at -32.38%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -22.08%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Millennium Group International Holdings Ltd’s Return on Invested Capital (ROIC) is -38.87%, showcasing its effectiveness in deploying capital for earnings.
Millennium Group International Holdings Ltd (MGIH) Efficiency & Liquidity Metrics
Based on Millennium Group International Holdings Ltd’s (MGIH) latest financial statements, the Debt-to-Equity Ratio is 0.19%, indicating its reliance on debt financing relative to shareholder equity.
Millennium Group International Holdings Ltd (MGIH) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Millennium Group International Holdings Ltd. (MGIH) effectively leverages its workforce, generating an average of -$22028.11 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.14% and a Quick Ratio of 1.96%, indicating strong ability to cover short-term liabilities.
Millennium Group International Holdings Ltd [MGIH] Institutonal Ownership Details
There are presently around $0.33%, or 2.94%% of MGIH stock, in the hands of institutional investors.
