TSX:MGAuto Components
Is Magna International (TSX:MG) Pricing Look Interesting After Mixed Recent Share Performance?
If you are looking at Magna International and wondering whether the recent share price reflects its true worth, you are not alone.
The stock last closed at $73.80, with returns of 6.0% over 7 days, a 5.6% decline over 30 days, a 1.6% decline year to date, 40.3% over 1 year, 15.5% over 3 years and an 11.5% decline over 5 years. Taken together, this gives a mixed picture that many investors are trying to make sense of.
Recent news around the auto sector has focused on changing demand for...