A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 22.37% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 14.36%. Over the past 30 days, the price of MTG has leaped by -6.74%. And in the last five days, it has fallen by -5.16%.
MGIC Investment Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $26.52 on 10/17/24, while the lowest value for the same period was recorded at $16.47 on 11/02/23.
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52-week price history of MTG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MGIC Investment Corp’s current trading price is -11.01% away from its 52-week high, while its distance from the 52-week low is 43.36%. The stock’s price range during this period has varied between$16.47 and $26.52. The MGIC Investment Corp’s shares, which operate in the Financial, saw a trading volume of around 1.48 million for the day, a figure considerably higher than their average daily volume of 1.46 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
MGIC Investment Corp (MTG) has experienced a quarterly rise of 0.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.12B and boasts a workforce of 627 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 24.06, with a change in price of +3.11. Similarly, MGIC Investment Corp recorded 1,538,464 in trading volume during the last 100 days, posting a change of +15.19%.
MTG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MTG stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.13.
MTG Stock Stochastic Average
MGIC Investment Corp’s raw stochastic average for the past 50 days is presently 5.15%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 5.15%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.03% and 21.89%, respectively.
