MGO Global (NASDAQ:MGOL) Stock Price Down 33.8% – Should You Sell?

MGO Global, Inc. (NASDAQ:MGOLGet Free Report)’s stock price was down 33.8% during mid-day trading on Friday . The stock traded as low as $0.33 and last traded at $0.31. Approximately 106,099,674 shares changed hands during trading, a decline of 45% from the average daily volume of 191,363,584 shares. The stock had previously closed at $0.47.

MGO Global Price Performance

The company has a 50-day simple moving average of $0.43 and a 200-day simple moving average of $1.75. The firm has a market cap of $894,432.00, a PE ratio of -0.07 and a beta of 7.26.

About MGO Global

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MGO Global, Inc operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand.

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