Magnera Corp (NYSE:MAGN) currently has a daily average trading volume of 481.03K but it saw 1379685 shares traded in last market. With a market cap of 676.43M USD, the company’s current market price of $19.14 came rising about 3.74 while comparing to the previous closing price of $18.45. 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 $18.22 while lowest mark touched by it was $19.21.
Taking a look at 20-day trading activity of Magnera Corp (MAGN) gives us an average price of $20.34, while its current price level is -45.67% below from 52-week high level whereas it is 21.18% 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 $21.64 while that of 200 days or SMA-200 reads an average of $22.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.08% during that period while stretching the period over a month that increases to 7.73%. 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 43.83 which implies that the stock is in neutral territory.
Over the week, MAGN’s stock price is moving 11.28% up while it is -15.38% when we observe its performance for the past one month. Year-to-date it is -24.11% down and over the past year, the stock is showing an upside performance of 2.24%.
The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Company’s return on investment (ROI) stands at -6.12% and return on equity (ROE) at -30.65%. Stock’s beta reads 1.69. Stock has a price to book (P/B) ratio of 0.32 while price to sale or P/S ratio amounts to 0.52. Its return on asset (ROA) is -4.62% on average.
