Millennium Group International (NASDAQ:MGIH) Trading Down 33.2% – Time to Sell?

Shares of Millennium Group International Holdings Limited (NASDAQ:MGIHGet Free Report) traded down 33.2% during mid-day trading on Wednesday . The company traded as low as $1.51 and last traded at $1.51. 391,472 shares were traded during trading, a decline of 48% from the average session volume of 747,316 shares. The stock had previously closed at $2.26.

Millennium Group International Trading Down 33.2 %

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.98. The firm has a fifty day simple moving average of $1.61 and a 200 day simple moving average of $1.60.

About Millennium Group International

(Get Free Report)

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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