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Closing Bell: Magna International Inc down on Tuesday (MG)

Automated Summaries - The Globe and Mail - Tue Jul 30, 4:02PM CDT

Magna International Inc opened trading today at $60.79 and closed at $60.54. It traded at a low of $60.29 to a high of $61.28.

Shares dipped -0.13 percent from the previous day's close of $60.62.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

Trading volume was 747,475 on 4,673 total trades, while having an average volume of 1,757,103 in the last five days.

Trading across the entire TSX saw 2,584 price advancers against 2,644 declines and 86 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 -28.24 percent, while they have decreased -22.67% year-to-date.

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 $17.41 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.

Magna International Inc's average recommendation is "Moderate Buy" based on 18.00 analysts according to Zacks. Currently, there are 8 buy ratings and 10 hold ratings for the stock.

AI at The Globe and Mail
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..