ME

Magic Empire Global Limited

MEGLFinancial ServicesNASDAQ

Capital Markets · Last scanned Oct 24, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$11.5M
-9.8% YoY
Net Income
-$8.3M
-75.7% YoY
EBITDA
-$6.3M
-143.9% YoY

Scan Results

Daily timeframe
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DateIndicatorDetails
Oct 20▲ RSI OversoldRSI 15.6, below 30, stock may be oversold
Oct 19▲ RSI OversoldRSI 15.5, below 30, stock may be oversold
About Magic Empire Global Limited

Magic Empire Global Limited, through its subsidiaries, provides corporate finance advisory services in Hong Kong. Valued at $53.5M, MEGL is a micro-cap name in its sector. The company provides initial public offering sponsorship, financial and independent financial advisory, and compliance advisory.

Where MEGL stands vs its 150-day and 200-day moving averages

As of the October 20, 2026 close, MEGL finished 35.40% below its 150-day moving average ($1.13) and 34.82% below its 200-day moving average ($1.12). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.

Is MEGL overbought or oversold?

At the October 20, 2026 close, MEGL's RSI(14) was 15.6, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.

Key stats
Market Cap$53.5M
EPS$-0.20
Beta2.39
52W Change-46.9%
Dividend Yield0.00%
ROE-6.6%
Analysis

Magic Empire Global Limited holds $120.7M in cash against $3.1M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Return on equity stands at -6.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has been relatively flat, moving from $11.2M (2022) to $11.5M (2025).

Magic Empire Global Limited's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, MEGL has financial flexibility that may help navigate uncertain periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MEGL.

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