Millennium Group International (NASDAQ:MGIH) Trading Down 3.3% – Time to Sell?

Millennium Group International Holdings Limited (NASDAQ:MGIH) shares traded down 3.3% during trading on Thursday . The company traded as low as $1.61 and last traded at $1.60. 2,231 shares traded hands during trading, a decline of 99% from the average session volume of 423,660 shares. The stock had previously closed at $1.65.

Millennium Group International Stock Performance

The stock has a 50 day simple moving average of $1.55 and a 200 day simple moving average of $1.60.

Millennium Group International Company Profile

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.