Millennium Group International (NASDAQ:MGIH) Issues Quarterly Earnings Results

Millennium Group International (NASDAQ:MGIH) issued its quarterly earnings data on Thursday. The company reported ($0.15) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $5.43 million for the quarter.

Millennium Group International Price Performance

MGIH stock traded up $0.01 during mid-day trading on Thursday, reaching $1.50. The company had a trading volume of 11,218 shares, compared to its average volume of 25,891. The firm has a fifty day simple moving average of $1.50 and a 200 day simple moving average of $1.45. Millennium Group International has a fifty-two week low of $1.11 and a fifty-two week high of $4.84.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Millennium Group International in a research report on Monday, May 11th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Millennium Group International currently has an average rating of “Sell”.

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.