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

Magna International Inc opened trading today at $54.23 and closed at $53.24. prices ranged from a low of $53.04 to a high of $54.27.

Share prices eased -5.05% from the previous day's close of $56.07.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 2,866,516 shares was traded during the last trading day, with total trades of 9,614, with an average volume of 1,503,137 over 5 days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, MG.TO has traded as high as $81.65 (September 06,2023) and low as $53.04 (August 06,2024). Moreover, the shares have shrunken -34.73 percent in 52 weeks, while this year, they have shrunken -32.00%.

It announced a 0.47 dividend on August 01/24, with an August 16/24 ex-date and August 30/24 pay day.

Following today's trading, Magna International Inc has a market capitalization of $16.11 billion on a float of 287,328 shares outstanding. Its annual EPS is $3.44.

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. From those 18 analysts, 9 have buy ratings and 9 analysts gave hold ratings.

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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..