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 loss of -5.07% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 0.10%. Over the past 30 days, the price of MGA has leaped by -1.86%. And in the last five days, it has surged by 3.28%.
Magna International Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $56.12 on 03/21/24, while the lowest value for the same period was recorded 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 -29.31% away from its 52-week high, while its distance from the 52-week low is 13.18%. The stock’s price range during this period has varied between$35.05 and $56.12. The Magna International Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.51 million for the day, a figure considerably higher than their average daily volume of 1.62 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Magna International Inc (MGA) has experienced a quarterly decline of -10.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.40B 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 42.05, with a change in price of -2.84. Similarly, Magna International Inc recorded 1,551,962 in trading volume during the last 100 days, posting a change of -6.68%.
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 37.96%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 68.19%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 62.73% and 59.65%, respectively.
