Views of Wall Street’s Leading Experts on MGO Global Inc

With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.86 million shares. During the session, the Advertising Agencies company that operates in wider Communication Services sector, reached to the highest price of $0.619 whereas the lowest price it dropped to was $0.5463. The 52-week range on MGOL shows that it touched its highest point at $18.30 and its lowest point at $0.36 during that stretch. Beta for the stock currently stands at 7.29.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MGOL was down-trending over the past week, with a drop of -10.22%, but this was down by -74.48% over a month. Three-month performance dropped to -78.14% while six-month performance fell -89.05%. The stock lost -93.35% in the past year, while it has gained 2.70% so far this year.

Float and Shares Shorts:

At present, 2.90 million MGOL shares are outstanding with a float of 1.13 million shares on hand for trading. On 2024-10-31, short shares totaled 82194.0, which was 282.99998 higher than short shares on 1727654400. In addition to Mr. Maximiliano Ojeda as the firm’s Co-Founder, Chairman & CEO, Ms. Virginia Hilfiger serves as its Co-Founder, Chief Brand Officer, Creative Director & Director.

Institutional Ownership:

Through their ownership of 0.0013 of MGOL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MGOL reported revenue of $565400.0 and operating income of -$1357731.0. The EBITDA in the recently reported quarter was -$1315144.0 and diluted EPS was -$0.521566.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.