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

In market activity today, shares of Magna International Inc opened at $54.26 and closed at $53.43. It traded at a low of $53.11 to a high of $54.50.

The price gained 0.36% from the previous day's close of $53.24.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 1,882,635 on 6,375 total trades, with an average volume of 1,730,169 over 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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, in the last 12 months, Magna International Inc's shares have shrunken -34.50 percent, while they have reduced -31.75% since the start of 2024.

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 $15.30 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's consensus rating is "Moderate Buy" based on 18 analysts according to Zacks. Currently, there are 9 buy ratings and 9 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..