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The price of Magnera Corp (NYSE: MAGN) closed at $18.38 in the last session, down -0.43% from day before closing price of $18.46. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 2.71 million shares were traded. MAGN stock price reached its highest trading level at $18.48 during the session, while it also had its lowest trading level at $18.03.
Ratios:
We take a closer look at MAGN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 4.29 whereas as Long-Term Debt/Eq ratio is at 4.26.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAGN now has a Market Capitalization of 649571200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.31.
Stock Price History:
Over the past 52 weeks, MAGN has reached a high of $35.23, while it has fallen to a 52-week low of $15.80. The 50-Day Moving Average of the stock is -15.30%, while the 200-Day Moving Average is calculated to be -17.26%.
Shares Statistics:
According to the various share statistics, MAGN traded on average about 407.65K shares per day over the past 3-months and 2480520 shares per day over the past 10 days. A total of 35.34M shares are outstanding, with a floating share count of 33.80M. Insiders hold about 4.37% of the company’s shares, while institutions hold 6.20% stake in the company.
