Reason’s why Magnite Inc. (MGNI) is an asset to your trade with current Target Price of $17.17

At the end of the latest market close, Magnite Inc. (MGNI) was valued at $21.07. In that particular session, Stock kicked-off at the price of $21.71 while reaching the peak value of $21.87 and lowest value recorded on the day was $20.15. The stock current value is $20.50.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Recently in News on December 3, 2020, Magnite Helps Crackle Plus Enhance Inventory and Gain Supply Insights with TV Content Reporting. TV Content Reporting Provides Buyers with TV-Like Buying Opportunities and Brings Greater Transparency to CTV. You can read further details here

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Magnite Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.87 on 12/07/20, with the lowest value was $4.09 for the same time period, recorded on 04/03/20.

Magnite Inc. (MGNI) full year performance was 160.48%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Magnite Inc. shares are logging -3.67% during the 52-week period from high price, and 401.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.09 and $21.28.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 4868470 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Magnite Inc. (MGNI) recorded performance in the market was 151.23%, having the revenues showcasing 220.31% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.19B, as it employees total of 444 workers.

Market experts do have their say about Magnite Inc. (MGNI)

During the last month, 0 analysts gave the Magnite Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on, the moving average of the company in the 100-day period was set at 9.05, with a change in the price was noted +14.17. In a similar fashion, Magnite Inc. posted a movement of +223.85% for the period of last 100 days, recording 2,780,025 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MGNI is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of Magnite Inc. (MGNI)

Raw Stochastic average of Magnite Inc. in the period of last 50 days is set at 91.09%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.92%. In the last 20 days, the company’s Stochastic %K was 95.04% and its Stochastic %D was recorded 95.05%.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Bearing in mind the latest performance of Magnite Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 151.23%. Additionally, trading for the stock in the period of the last six months notably improved by 162.48%, alongside a boost of 160.48% for the period of the last 12 months. The shares increased approximately by 7.89% in the 7-day charts and went down by 93.58% in the period of the last 30 days. Common stock shares were driven by 220.31% during last recorded quarter.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free


Please enter your comment!
Please enter your name here