The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -6.94%. However, over the last six months, the performance has been stronger by -0.44%. The price of MGA decreased -5.74% over the last 30 days. And in the last five days, it has fallen by -5.17%.
Magna International Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $59.37 on 02/07/24, while the lowest price for the same duration was marked at $35.05 on 02/03/25.
52-week price history of MGA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Magna International Inc’s current trading price is -34.50% away from its 52-week high, while its distance from the 52-week low is 10.96%. The stock’s price range during this period has varied between$35.05 and $59.37. The Magna International Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 3.32 million for the day, a figure considerably higher than their average daily volume of 1.58 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Magna International Inc (MGA) has experienced a quarterly decline of -7.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.17B and boasts a workforce of 179000 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 42.16, with a change in price of -0.39. Similarly, Magna International Inc recorded 1,532,304 in trading volume during the last 100 days, posting a change of -0.99%.
MGA’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 MGA stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.52.
MGA Stock Stochastic Average
Magna International Inc’s raw stochastic average for the past 50 days is presently 31.55%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 50.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.89% and 34.55%, respectively.