Magnera Corp (MAGN) concluded trading on Thursday at a closing price of $14.54, with 0.49 million shares of worth about $7.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.45% during that period and on April 17, 2025 the price saw a loss of about -3.58%. Currently the company’s common shares owned by public are about 35.40M shares, out of which, 34.65M shares are available for trading.
Stock saw a price change of -3.71% in past 5 days and over the past one month there was a price change of -24.23%. Year-to-date (YTD), MAGN shares are showing a performance of -19.98% which decreased to -30.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.11 but also hit the highest price of $26.78 during that period. The average intraday trading volume for Magnera Corp shares is 520.87K. The stock is currently trading -12.87% below its 20-day simple moving average (SMA20), while that difference is down -23.32% for SMA50 and it goes to -27.32% lower than SMA200.
Magnera Corp (NYSE: MAGN) currently have 35.40M outstanding shares and institutions hold larger chunk of about 98.75% of that.
The stock has a current market capitalization of $514.71M and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$19.11 in the same period. It has Quick Ratio of 1.52 while making debt-to-equity ratio of 1.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MAGN, volatility over the week remained 4.77% while standing at 6.24% over the month.
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 Vertical Research on March 19, 2025 offering a Hold rating for the stock and assigned a target price of $21 to it. Coverage by Wells Fargo stated Magnera Corp (MAGN) stock as an Overweight in their note to investors on January 23, 2025, suggesting a price target of $22 for the stock.
