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

Millennium Group International (NASDAQ:MGIH) announced its earnings results on Thursday. The company reported ($0.17) EPS for the quarter, reports. The business had revenue of $4.74 million during the quarter.

Millennium Group International Stock Up 0.7%

Shares of Millennium Group International stock traded up $0.01 during trading on Friday, hitting $1.36. 5,920 shares of the stock traded hands, compared to its average volume of 8,574. Millennium Group International has a twelve month low of $1.11 and a twelve month high of $1.98. The company has a fifty day moving average price of $1.48 and a two-hundred day moving average price of $1.49.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Millennium Group International in a research report on Friday, August 7th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Millennium Group International Company Profile

Millennium Group International Holdings Limited is a paper packaging company that designs, manufactures and sells paper-based packaging products. Its offerings include corrugated cartons, paper boxes, paper displays and other customized packaging products used for product protection, presentation and transportation.

The company serves businesses that require branded and functional paper packaging, with products tailored to customers’ specifications, including packaging design, materials, printing and finishing requirements.