MGO Global (MGOL) Stock Price, News & Analysis

Company Overview

MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in Fort Lauderdale, Florida.

Key Stats

• Today's Range: $2.40 to $2.51
• 50-Day Range: $2.14 to $3.95
• 52-Week Range: $1.91 to $18.30
• Volume: 102,135 shs
• Average Volume: 1.13 million shs
• Market Capitalization: $7.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MGO Global Stock Analysis - MarketRank™

MGO Global scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for MGO Global.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of MGO Global is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGO Global is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MGO Global has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.28% of the float of MGO Global has been sold short.

Short Interest Ratio / Days to Cover

MGO Global has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGO Global has recently decreased by 18.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MGO Global does not currently pay a dividend.

Dividend Growth

MGO Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.28% of the float of MGO Global has been sold short.

Short Interest Ratio / Days to Cover

MGO Global has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGO Global has recently decreased by 18.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: N/A

News Sentiment

MGO Global has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 1 news article for MGO Global this week, compared to 0 articles on an average week.

Search Interest

4 people have searched for MGOL on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added MGO Global to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MGO Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

57.48% of the stock of MGO Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.05% of the stock of MGO Global is held by institutions.

MGOL Stock Analysis - Frequently Asked Questions

How have MGOL shares performed this year?

MGO Global's stock was trading at $4.30 at the beginning of the year. Since then, MGOL shares have decreased by 43.5% and is now trading at $2.43.
View the best growth stocks for 2024 here.

How were MGO Global's earnings last quarter?

MGO Global, Inc. (NASDAQ:MGOL) issued its quarterly earnings results on Monday, August, 19th. The company reported ($1.33) EPS for the quarter. The business had revenue of $1.43 million for the quarter. MGO Global had a negative net margin of 140.85% and a negative trailing twelve-month return on equity of 473.26%.

When did MGO Global's stock split?

Shares of MGO Global reverse split on the morning of Thursday, July 18th 2024. The 1-10 reverse split was announced on Thursday, July 18th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, July 18th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did MGO Global IPO?

MGO Global (MGOL) raised $8 million in an initial public offering (IPO) on Friday, January 13th 2023. The company issued 1,500,000 shares at a price of $5.00 per share.

How do I buy shares of MGO Global?

Shares of MGOL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MGO Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MGO Global investors own include Meta Platforms (META), AMC Entertainment (AMC), Advanced Micro Devices (AMD), Amprius Technologies (AMPX), Plug Power (PLUG), PayPal (PYPL) and Riot Platforms (RIOT).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 10/31/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel
• Current Symbol: NASDAQ:MGOL
• CUSIP: N/A
• CIK: 1902794
• Web: www.mgoglobalinc.com
• Phone: 347-913-3316
• Fax: N/A
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($5.75)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,140,000.00
• Net Margins: -140.85%
• Pretax Margin: -195.57%
• Return on Equity: -473.26%
• Return on Assets: -318.51%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.03
• Quick Ratio: 2.02

Sales & Book Value

• Annual Sales: $5.69 million
• Price / Sales: 1.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.64 per share
• Price / Book: 3.80

Miscellaneous

• Outstanding Shares: 2,904,000
• Free Float: 1,235,000
• Market Cap: $7.06 million
• Optionable: Not Optionable
• Beta: 7.39