Millennium Group International Holdings Limited (NASDAQ:MGIH – Get Free Report)’s stock price dropped 33.2% during trading on Wednesday . The company traded as low as $1.51 and last traded at $1.51. Approximately 391,472 shares were traded during trading, a decline of 48% from the average daily volume of 747,316 shares. The stock had previously closed at $2.26.
Millennium Group International Trading Down 5.5 %
The firm’s 50 day moving average is $1.60 and its two-hundred day moving average is $1.61. The company has a quick ratio of 1.98, a current ratio of 2.29 and a debt-to-equity ratio of 0.01.
About Millennium Group International
Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries.
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