Millennium Group International’s (MGIH) “Sell (D-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d-) rating on shares of Millennium Group International (NASDAQ:MGIH) in a research note released on Friday,Weiss Ratings reports.

Millennium Group International Stock Down 2.5%

Shares of Millennium Group International stock opened at $1.74 on Friday. The business has a 50-day simple moving average of $2.13 and a 200-day simple moving average of $1.77. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.87 and a quick ratio of 1.73. Millennium Group International has a one year low of $1.34 and a one year high of $6.83.

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.