Magna International MGA
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Key Insights
Magna International (MGA) Core Market Data and Business Metrics
Latest Closing Price
$34.22Total Outstanding Shares
281.74 Million SharesDividend
$0.48 Per Share QuarterlyPrimary Exchange
New York Stock Exchange
Historical Stock Splits
If you bought 1 share of MGA before November 26, 2010, you'd have 4 shares today.
| Execution Date | Split Amount |
|---|---|
| March 26, 2015 | 2-for-1 |
| November 26, 2010 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 2,242,639 Shares | 3.3 | 3/14/2025 | 7,395,665 Shares |
| 1,864,082 Shares | 8.49 | 2/28/2025 | 15,834,470 Shares |
| 2,671,982 Shares | 3.54 | 2/14/2025 | 9,456,129 Shares |
| 1,449,625 Shares | 4.15 | 1/31/2025 | 6,012,245 Shares |
| 1,109,988 Shares | 5.42 | 1/15/2025 | 6,017,981 Shares |
| 1,091,301 Shares | 6.34 | 12/31/2024 | 6,923,515 Shares |
Historical Dividends
Current dividend: $0.48 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 14, 2025 | Mar 14, 2025 | Feb 28, 2025 | $0.485 | Quarterly |
| Nov 1, 2024 | Nov 29, 2024 | Nov 15, 2024 | $0.475 | Quarterly |
| Aug 2, 2024 | Aug 30, 2024 | Aug 16, 2024 | $0.475 | Quarterly |
| May 3, 2024 | May 31, 2024 | May 17, 2024 | $0.475 | Quarterly |
| Feb 9, 2024 | Mar 8, 2024 | Feb 23, 2024 | $0.475 | Quarterly |
| Nov 3, 2023 | Dec 1, 2023 | Nov 17, 2023 | $0.46 | Quarterly |