Magnolia Oil & Gas Corp (MGY) concluded trading on Thursday at a closing price of $19.63, with 4.87 million shares of worth about $95.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -24.76% during that period and on April 10, 2025 the price saw a loss of about -11.22%. Currently the company’s common shares owned by public are about 189.36M shares, out of which, 183.99M shares are available for trading.
Stock saw a price change of -16.50% in past 5 days and over the past one month there was a price change of -14.95%. Year-to-date (YTD), MGY shares are showing a performance of -16.04% which decreased to -26.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.09 but also hit the highest price of $29.02 during that period. The average intraday trading volume for Magnolia Oil & Gas Corp shares is 2.90 million. The stock is currently trading -17.54% below its 20-day simple moving average (SMA20), while that difference is down -16.73% for SMA50 and it goes to -21.61% lower than SMA200.
Magnolia Oil & Gas Corp (NYSE: MGY) currently have 189.36M outstanding shares and institutions hold larger chunk of about 106.73% of that.
The stock has a current market capitalization of $3.81B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 10.12, while it has posted earnings per share of $1.94 in the same period. Its PEG reads 2.04 and has Quick Ratio of 1.42 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MGY, volatility over the week remained 11.23% while standing at 4.99% over the month.
Stock’s fiscal year EPS is expected to rise by 7.74% while it is estimated to increase by 6.27% in next year. EPS is likely to shrink at an annualized rate of 4.97% for next 5-years, compared to annual growth of 46.84% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on January 31, 2025 offering a Neutral rating for the stock and assigned a target price range of between $27 and $26 to it. Coverage by BofA Securities stated Magnolia Oil & Gas Corp (MGY) stock as a Neutral in their note to investors on January 13, 2025, suggesting a price target of $28 for the stock. On October 15, 2024, Siebert Williams Shank Downgrade their recommendations, while on October 01, 2024, Wells Fargo Downgrade their ratings for the stock with a price target of $22. Stock get an Outperform rating from Wolfe Research on July 18, 2024.
