Magnite (MGNI)

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+$0.11 (+0.66%)Past DayToday's Volume:
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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.

About

Business overview of Magnite (MGNI)
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.

Key Insights

Critical company metrics and information
  • Share Price

    $16.38
  • Market Cap

    $2.30 Billion
  • Total Outstanding Shares

    140.69 Million Shares
  • Total Employees

    911
  • Dividend

    No dividend
  • IPO Date

    April 2, 2014
  • SIC Description

    Services-computer Programming, Data Processing, Etc.
  • Primary Exchange

    NASDAQ
  • Type

    Common Stock
  • Phone Number

    212-243-2769
  • Address

    1250 broadway, New york, NY, 10001
  • Homepage

    https://investor.magnite.com

Historical Stock Splits

If you bought 1 share of MGNI before February 3, 2003, you'd have 0.04 shares today.
Execution DateSplit Amount
April 17, 20123.5-for-1
February 3, 20031-for-80 (Reverse Split)

Cash Flow Statement

July 1, 2024 to September 30, 2024
MetricValue
Exchange Gains/Losses$1.35 Million
Net Cash Flow From Financing Activities$-13.80 Million
Net Cash Flow$60.78 Million
Net Cash Flow From Investing Activities$-18.11 Million
Net Cash Flow, Continuing$59.43 Million
Net Cash Flow From Financing Activities, Continuing$-13.80 Million

Income Statement

July 1, 2024 to September 30, 2024
MetricValue
Diluted Earnings Per Share$0.04
Other Operating Income/Expenses$1.31 Million
Preferred Stock Dividends And Other Adjustments$0.00
Revenues$162.00 Million
Nonoperating Income/Loss$-8.88 Million
Research and Development$20.26 Million

Balance Sheet

July 1, 2024 to September 30, 2024
MetricValue
Equity Attributable To Noncontrolling Interest$0.00
Fixed Assets$64.55 Million
Current Liabilities$1.41 Billion
Noncurrent Liabilities$598.38 Million
Assets$2.74 Billion
Equity Attributable To Parent$725.88 Million

Historical Dividends

Announcement DatePayment DateRecord DateAmountFrequency
No historical dividends

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