Magna International Inc. Surges to 374th in Trading Volume with $252 Million Turnover

Generated by AI AgentAinvest Volume Radar
Thursday, May 22, 2025 8:00 pm ET1min read
MGA--

On May 22, 2025, Magna International Inc.MGA-- (MGA) saw a significant increase in trading volume, with a turnover of $252 million, marking a 374.71% rise from the previous day. This surge placed MagnaMGA-- at the 374th position in terms of trading volume for the day. The stock price of Magna International Inc. (MGA) rose by 0.17%.

Magna International Inc. has received a consensus rating of "Hold" from nineteen brokerages currently covering the firm. This rating reflects the collective sentiment of analysts regarding the company's future performance.

In the first quarter of 2025, Magna International reported revenue of US$10.1 billion, which represents an 8.2% decrease compared to the same period last year. This decline in revenue is a notable development for investors to consider when evaluating the company's financial health.

Price targets for Magna International Inc. (MGA) range from a low of $31 to a high of $53. The average price target suggests an increase of $10.39 from the current stock price, indicating a potential upside for investors.

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