How to Buy Millennium Group International Holdings Stock
Millennium Group International Holdings Ltd
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.
Millennium Group International Holdings stock last closed at $1.49, down 2.24% from the previous day, and has decreased 21.01% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.37 percentage points. Millennium Group International Holdings stock is currently +66.85% from its 52-week low of $0.89, and -84.48% from its 52-week high of $9.57.
There are currently 11.25M MGIH shares outstanding. The market capitalization of MGIH is $16.71M. In the past 24 hours, 8611 MGIH shares were traded.
How to Buy Millennium Group International Holdings Stock
Wondering how to invest in Millennium Group International Holdings stock? Here's how.
- Decide where to buy Millennium Group International Holdings stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Millennium Group International Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your method of payment and add your information.
- Research Millennium Group International Holdings stock: The Millennium Group International Holdings ticker symbol is MGIH. Is Millennium Group International Holdings stock a good investment? Should you buy shares of MGIH? How do MGIH's underlying business fundamentals look? Do top analysts think Millennium Group International Holdings is a good buy? Why has MGIH's stock price moved recently? (Hint: Our stock research website can help you evaluate if MGIH is a good stock to buy).
- Place your MGIH buy order: Decide if you will purchase MGIH shares at the current market price or use a limit order to purchase MGIH shares at a specific price.
- Watch your MGIH position: Create a watchlist to key updates about your new investment in Millennium Group International Holdings shares.
Step 1: Decide where to buy Millennium Group International Holdings stock
You need a brokerage account in order to access the NASDAQ market and buy MGIH shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to invest in MGIH stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on the best stock investing app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of transferring money into your brokerage account.
Step 4: Research Millennium Group International Holdings stock
Once you have figured out the best place to buy Millennium Group International Holdings stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the opportunity.
Millennium Group International Holdings Metrics
Fundamentals of MGIH
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MGIH's stock page.
What is the fair value of MGIH stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MGIH's intrinsic value.
Using relative valuations measures:
- MGIH may be undervalued based on its P/B ratio of 0.42x, relative to Packaging & Containers industry P/B ratio of 2.74x
You can access more valuation analysis on MGIH's stock here.
A look at MGIH Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the MGIH balance sheet.
- MGIH's operating cash flow of $8.11M allows it to safely service it's debt of $13.60M.
- There are more short-term assets than short-term liabilities on the MGIH balance sheet.
Negative Health Checks:
- MGIH has a relatively high debt to equity ratio of 0.48.
- MGIH earnings of $252.95k is not sufficient to cover its interest payments.
- MGIH profit margin has gone down from 6.2% to -0.8% in the past year.
MGIH Technicals
MGIH Growth Numbers
Last year, MGIH revenue was $45.60M. Over the past two year, MGIH's revenue has grown by -15.96% per year. This was slower than the Packaging & Containers industry average of 5.07%.
You can analyze MGIH's earnings and revenue performance here.
Are MGIH executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at MGIH have not bought or sold any shares.
Research more about who owns MGIH shares here.
Can I get consistent income from MGIH stock?
No, Millennium Group International Holdings doesn't provide an income stream by paying out dividends.
What others are saying about MGIH
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your MGIH buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require more help with buying stocks on eToro, watch the helpful video below:
Step 6: Watch your MGIH position
Now that you own some MGIH stock, you'll want to stay up-to-date on your investment.
Put MGIH on a watchlist to track the most important metrics related to your MGIH stock.
MGIH Feed
How to Buy Stock in Millennium Group International Holdings
To summarize, here are the 6 steps for buying Millennium Group International Holdings stock:
- Decide where to buy Millennium Group International Holdings stock
- Open your brokerage account
- Put funds into your investment account
- Research Millennium Group International Holdings stock
- Place your MGIH buy order
- Watch your MGIH position
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Millennium Group International Holdings, add MGIH to your watchlist below.
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