Closing Bell: Magna International Inc up on Thursday (MG)

In trading today, Magna International Inc shares closed at $59.77 after opening the day at $58.93. Intraday prices ranged from $58.92 to $60.72.

The price raised 1.39 percent from the previous day's close of $58.95.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Magna International Inc traded under MG on the Toronto Stock Exchange (TSX).

Trading volume was 1,125,079 on 4,939 total trades, with an average volume of 1,528,783 in the last five days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, MG.TO has traded as high as $87.00 (August 04,2023) and low as $55.93 (June 26,2024). Moreover, in the last 52 weeks, Magna International Inc's shares have shrunken -27.33%, while they have shrunken -23.66% since the start of 2024.

It announced a 0.47 dividend on May 03/24, with an May 16/24 ex-date and May 31/24 pay day.

Following today's trading, Magna International Inc has a market capitalization of $16.94 billion on a float of 287,280 shares outstanding. Its annual EPS is $3.53.

Magna International Inc is a TSX Auto Parts company headquartered in Aurora, CAN.

Currently, Magna International Inc's consensus rating is "Moderate Buy" based on 18 analysts according to Zacks. Currently, there are 8 buy ratings and 10 hold ratings for the stock.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..