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

Today, shares of Magna International Inc opened at $60.84 and closed at $61.27. prices ranged from a low of $60.84 to a high of $62.27.

Share prices gained 1.21% from the previous day's close of $60.54.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Magna International Inc has listed on the Toronto Stock Exchange (TSX) under the ticker MG.

Trading volume was 696,639 on 4,409 total trades. On average, Magna International Inc has traded 1,514,714 shares over the last 5-days and 1,187,403 year-to-date.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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 reduced -27.37 percent in 52 weeks, while they have reduced -21.74% 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 $17.39 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.

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..