Magnolia Oil & Gas Corp (MGY) concluded trading on Thursday at a closing price of $21.09, with 4.92 million shares of worth about $103.74 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.52% during that period and on May 01, 2025 the price saw a gain of about 2.73%. 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 -1.26% in past 5 days and over the past one month there was a price change of -17.33%. Year-to-date (YTD), MGY shares are showing a performance of -9.79% which decreased to -20.23% 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 3.10 million. The stock is currently trading 0.87% above its 20-day simple moving average (SMA20), while that difference is down -7.46% for SMA50 and it goes to -14.63% lower than SMA200.
Magnolia Oil & Gas Corp (NYSE: MGY) currently have 189.36M outstanding shares and institutions hold larger chunk of about 106.00% of that.
The stock has a current market capitalization of $4.09B and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 10.88, while it has posted earnings per share of $1.94 in the same period. Its PEG reads 1.87 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 2.90% while standing at 5.35% over the month.
Stock’s fiscal year EPS is expected to drop by -4.37% while it is estimated to increase by 8.24% in next year. EPS is likely to shrink at an annualized rate of 5.81% 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 UBS on April 22, 2025 offering a Buy rating for the stock and assigned a target price of $26 to it. Coverage by Goldman stated Magnolia Oil & Gas Corp (MGY) stock as a Neutral in their note to investors on January 31, 2025, suggesting a price target of $26 for the stock. On January 13, 2025, BofA Securities Downgrade their recommendations, while on October 15, 2024, Siebert Williams Shank Downgrade their ratings for the stock with a price target of $30. Stock get an Underweight rating from Wells Fargo on October 01, 2024.
