Magnera Corp (NYSE:MAGN) currently has a daily average trading volume of 366.84K but it saw 1450104 shares traded in last market. With a market cap of 607.87M USD, the company’s current market price of $17.20 came falling about -6.52 while comparing to the previous closing price of $18.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.23 and as low as $15.80. In the recent trading on the day, stock has struck highest price mark of $17.13 while lowest mark touched by it was $18.35.
Taking a look at 20-day trading activity of Magnera Corp (MAGN) gives us an average price of $21.29, while its current price level is -51.18% below from 52-week high level whereas it is 8.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.78 while that of 200 days or SMA-200 reads an average of $22.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.90% during that period while stretching the period over a month that increases to 7.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.25 which implies that the stock is in neutral territory.
Over the week, MAGN’s stock price is moving -7.03% down while it is -24.83% when we observe its performance for the past one month. Year-to-date it is -31.80% down and over the past year, the stock is showing a downside performance of -11.20%.
Currently, Magnera Corp’s total number of outstanding shares is 35.34M. Company’s return on investment (ROI) stands at -6.12% and return on equity (ROE) at -30.65%. Stock’s beta reads 1.67. Stock has a price to book (P/B) ratio of 0.29 while price to sale or P/S ratio amounts to 0.46. Its return on asset (ROA) is -4.62% on average.
