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

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

Millennium Group International Stock Up 0.3%

Shares of MGIH opened at $1.50 on Friday. The firm’s fifty day simple moving average is $1.50 and its two-hundred day simple moving average is $1.45. Millennium Group International has a 12 month low of $1.11 and a 12 month high of $4.84.

Wall Street Analyst Weigh In

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

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.