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What Does Magna International Inc.'s (TSE:MG) Share Price Indicate?

By Yahoo! Finance   |   Sep 18, 2024 at 01:59 PM EST
What Does Magna International Inc.'s (TSE:MG) Share Price Indicate?

Magna International Inc. (TSE:MG) stock price fluctuated between CA$62.71 and CA$52.28, currently at CA$56.03. Its price-to-earnings ratio is 12x, slightly above industry average, indicating a reasonable price.

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