Magna International (MGA) : During the past 4 weeks, traders have been relatively bearish on Magna International (MGA), hence the stock is down -0.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.08% relative to the S&P 500. The 4-week change in the price of the stock is -2.12% and the stock has fallen -0.55% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.68% and the 50-Day Moving Average is 1.33%.The 200 Day SMA reached 2.2% Magna International Inc. is up 1.41% in the last 3-month period. Year-to-Date the stock performance stands at -0.42%.
Magna International (MGA) : The most positive equity analysts on Magna International (MGA) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $47 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $56.08 with an expected fluctuation of $4.92 from the mean.
For this week, the average consensus of the company shares are rated as a Strong Buy. Magna International (NYSE:MGA): stock was range-bound between the intraday low of $39.25 and the intraday high of $39.78 after having opened at $39.51 on Fridays session. The stock finally closed in the red at $39.51, a loss of -0.58%. The stock remained in the red for the whole trading day. The total traded volume was 1,269,796 shares. The stock failed to cross $39.78 in Fridays trading. The stocks closing price on Thursday was $39.64.
Magna International Inc. (Magna) is an automotive supplier with approximately 313 manufacturing operations and over 84 product development, engineering and sales centers in approximately 28 countries. Its product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as vehicle engineering and contract manufacturing. Its customers include General Motors, Fiat-Chrysler, Ford, BMW, Daimler and Volkswagen. Its offers programs, which include Ford Transit; MINI Countryman; Ford F-Series and F-Series Super Duty; QOROS 3; Ford Mustang; BMW X6; Mercedes-Benz M-Class; BMW X4 and Porsche Panamera. The Company operates in North America, Europe and Asia.