On Monday, Magna International Inc (NYSE: MGA) opened at On Monday, remained unchanged from the last session, before settling in for the closing price of $32.25. Price fluctuations for MGA have ranged from $30.39 to $50.18 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 2.26%. Company’s average yearly earnings per share was noted -11.83% at the time writing. With a float of $263.09 million, this company’s outstanding shares have now reached $282.88 million.
The extent of productivity of a business whose workforce counts for 170000 workers is very important to gauge. In terms of profitability, gross margin is 9.75%, operating margin of 4.94%, and the pretax margin is 3.61%.
Magna International Inc (MGA) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Magna International Inc is 6.62%, while institutional ownership is 71.51%.
Magna International Inc (MGA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -11.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.92% during the next five years compared to -8.91% drop over the previous five years of trading.
Magna International Inc (NYSE: MGA) Trading Performance Indicators
Check out the current performance indicators for Magna International Inc (MGA). In the past quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21. Likewise, its price to free cash flow for the trailing twelve months is 6.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.52, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 6.02 in one year’s time.
Technical Analysis of Magna International Inc (MGA)
The latest stats from [Magna International Inc, MGA] show that its last 5-days average volume of 2.97 million was superior to 1.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.25%. Additionally, its Average True Range was 1.40.
During the past 100 days, Magna International Inc’s (MGA) raw stochastic average was set at 11.05%, which indicates a significant decrease from 42.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.07% in the past 14 days, which was higher than the 37.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.88, while its 200-day Moving Average is $40.50. Now, the first resistance to watch is $32.54. This is followed by the second major resistance level at $32.83. The third major resistance level sits at $33.34. If the price goes on to break the first support level at $31.74, it is likely to go to the next support level at $31.23. The third support level lies at $30.94 if the price breaches the second support level.
Magna International Inc (NYSE: MGA) Key Stats
There are currently 281,689K shares outstanding in the company with a market cap of 9.09 billion. Presently, the company’s annual sales total 42,836 M according to its annual income of 1,009 M. Last quarter, the company’s sales amounted to 10,628 M and its income totaled 203,000 K.
