Magic Empire Global Limited (NASDAQ:MEGL – Get Rating) shares shot up 1% on Wednesday . The company traded as high as 2.04 and last traded at 2.01. 154,900 shares changed hands during trading, a decline of 94% from the average session volume of 2,472,829 shares. The stock had previously closed at 1.99.
Magic Empire Global Stock Performance
The stock has a 50-day moving average price of 2.03.
Get Magic Empire Global alerts:Hedge Funds Weigh In On Magic Empire Global
Institutional investors and hedge funds have recently bought and sold shares of the company. UBS Group AG acquired a new position in Magic Empire Global in the 3rd quarter valued at about $75,000. Renaissance Technologies LLC acquired a new position in Magic Empire Global in the 4th quarter valued at about $63,000. Schonfeld Strategic Advisors LLC acquired a new position in Magic Empire Global in the 4th quarter valued at about $39,000. Finally, Cantor Fitzgerald L. P. acquired a new position in Magic Empire Global in the 3rd quarter valued at about $53,000. 0.51% of the stock is currently owned by institutional investors and hedge funds.
Magic Empire Global Company Profile
(Get Rating)
Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
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