MGO Global (NASDAQ:MGOL) Shares Down 21.4%

MGO Global, Inc. (NASDAQ:MGOLGet Free Report)’s share price traded down 21.4% during trading on Tuesday . The company traded as low as $0.30 and last traded at $0.32. 1,017,722 shares traded hands during mid-day trading, an increase of 85% from the average session volume of 549,084 shares. The stock had previously closed at $0.41.

MGO Global Price Performance

The business’s 50 day moving average is $0.40 and its 200 day moving average is $0.51.

Hedge Funds Weigh In On MGO Global

An institutional investor recently bought a new position in MGO Global stock. UBS Group AG bought a new stake in shares of MGO Global, Inc. (NASDAQ:MGOLFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 32,826 shares of the company’s stock, valued at approximately $48,000. UBS Group AG owned 0.23% of MGO Global as of its most recent SEC filing. 1.05% of the stock is owned by institutional investors.

MGO Global Company Profile

(Get Free Report)

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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