Magnite (MGNI)
$
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
$16.38Market Cap
$2.30 BillionTotal Outstanding Shares
140.69 Million SharesTotal Employees
911Dividend
No dividendIPO Date
April 2, 2014SIC Description
Services-computer Programming, Data Processing, Etc.Primary Exchange
NASDAQType
Common StockPhone Number
212-243-2769Address
1250 broadway, New york, NY, 10001Homepage
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 Date | Split Amount |
---|---|
April 17, 2012 | 3.5-for-1 |
February 3, 2003 | 1-for-80 (Reverse Split) |
Cash Flow Statement
July 1, 2024 to September 30, 2024
Metric | Value |
---|---|
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
Metric | Value |
---|---|
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
Metric | Value |
---|---|
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 Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
No historical dividends |
Related Companies
View additional S&P 500 companies similar to Magnite (MGNI)
Boost your savings and earn 4.35% APY with a Marcus by Goldman Sachs savings account, a rate that's 8x the national averagewhen signing up with Financhle. No fees, no minimum deposits, backed by the financial expertise of Goldman Sachs. Terms apply.
ⓒ 2025 Financhle. All Rights Reserved.