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

Magna International Inc opened trading today at $60.38 and closed at $60.62. It traded at a low of $59.47 to a high of $60.93.

Shares raised 0.68% from the previous day's close of $60.21.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 3,174,620 shares was traded during the session, with total trades of 3,687. On average, Magna International Inc has traded 1,768,414 shares over the last 5-days and 1,193,777 year-to-date.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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, the shares have shrunken -28.14 percent in the last 52 weeks, while they have shrunken -22.57% 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 $17.30 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 has an average recommendation of "Moderate Buy" based on 18.00 analysts according to Zacks. Currently, there are 8 buy ratings and 10 hold ratings for the stock.

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