Magna International Stock Impressive Jump On Saturday, Outperforms Market

(VIANEWS) – The NYSE ended the session with Magna International jumping 11.14% to $54.51 on Saturday, after five consecutive sessions in a row of gains. NYSE rose 0.93% to $15,475.20, after four consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session today.

Magna International’s last close was $49.04, 28.85% under its 52-week high of $68.92.

About Magna International

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors. The Power & Vision segment offers ?electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Earnings Per Share

As for profitability, Magna International has a trailing twelve months EPS of $3.24.

PE Ratio

Magna International has a trailing twelve months price to earnings ratio of 16.82. Meaning, the purchaser of the share is investing $16.82 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.5%.

Yearly Top and Bottom Value

Magna International’s stock is valued at $54.51 at 03:14 EST, way below its 52-week high of $68.92 and way higher than its 52-week low of $47.46.

More news about Magna International (MGA).

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