Magna International (NYSE:MGA) : During the past 4 weeks, traders have been relatively bearish on Magna International (NYSE:MGA), hence the stock is down -14.66% 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 -1.32% relative to the S&P 500. The 4-week change in the price of the stock is -13.28% and the stock has fallen -0.06% in the past 1 week.
The company shares have dropped -37.74% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $57.62 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $38.39 and the 200 Day Moving Average price is recorded at $38.76.
The stock has recorded a 20-day Moving Average of 6.01% and the 50-Day Moving Average is 10.71%.
Magna International (NYSE:MGA): stock turned positive on Friday. Though the stock opened at $34.37, the bulls momentum made the stock top out at $35.1 level for the day. The stock recorded a low of $34.36 and closed the trading day at $35.01, in the green by 3.21%. The total traded volume for the day was 1,948,082. The stock had closed at $33.92 in the previous days trading.
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.