MAGNI's uptrend will benefit from NIKE's upcoming bullish QR.MYX:MAGNI The breakout from pennant was as expected when the stock failed to close below 2.30 and as such it has breakout from the pennant but due to the political news that was rumored in the afternoon, the stock hit a stag but fret not because contrarian view still is bullish as the most recent c
0.275MYR
95.37 MMYR
1.21 BMYR
146.97 M
About MAGNI-TECH INDUSTRIES BHD
Sector
Industry
CEO
Poay Seng Tan
Website
Headquarters
Penang
Employees (FY)
1.01 K
Founded
1997
ISIN
MYL7087OO009
FIGI
BBG000CFJH68
Magni-Tech Industries Bhd. operates as an investment holding company. The firm engages in the manufacture, sale, and distribution of apparel and packaging materials. It operates through the following segments: Manufacturing and Sales of Packaging Materials, and Manufacturing and Sales of Garments. The company was founded on March 12, 1997 and is headquartered in Penang, Malaysia.
Hi Magni, are you taking off now?As today (2nd June 2020), it open above RM 2.04 and staying above the Moving Average (with the condition of MA 21 > MA 65) lines. The trigger is showing squeeze on, therefore, the taking position shall progress slowly accordingly to the candle movements and squeeze movements. IF RM 2.13 break safely
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Frequently Asked Questions
The current price of MAGNI is 2.150 MYR — it has decreased by 1.38% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange MAGNI-TECH INDUSTRIES BHD stocks are traded under the ticker MAGNI.
MAGNI-TECH INDUSTRIES BHD is going to release the next earnings report on Jun 24, 2024. Keep track of upcoming events with our Earnings Calendar.
MAGNI stock is 4.29% volatile and has beta coefficient of 0.02. Check out the list of the most volatile stocks — is MAGNI-TECH INDUSTRIES BHD there?
One year price forecast for MAGNI-TECH INDUSTRIES BHD has a max estimate of 2.500 MYR and a min estimate of 2.500 MYR.
MAGNI-TECH INDUSTRIES BHD revenue for the last quarter amounts to 327.30 M MYR despite the estimated figure of 327.30 M MYR. In the next quarter revenue is expected to reach 281.80 M MYR.
Yes, you can track MAGNI-TECH INDUSTRIES BHD financials in yearly and quarterly reports right on TradingView.
MAGNI stock has fallen by 1.38% compared to the previous week, the month change is a 3.15% fall, over the last year MAGNI-TECH INDUSTRIES BHD has showed a 19.44% increase.
MAGNI net income for the last quarter is 39.38 M MYR, while the quarter before that showed 21.79 M MYR of net income which accounts for 80.74% change. Track more MAGNI-TECH INDUSTRIES BHD financial stats to get the full picture.
Today MAGNI-TECH INDUSTRIES BHD has the market capitalization of 940.59 M, it has decreased by 0.46% over the last week.
MAGNI-TECH INDUSTRIES BHD dividend yield was 5.06% in 2022, and payout ratio reached 40.91%. The year before the numbers were 3.32% and 30.73% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, MAGNI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAGNI-TECH INDUSTRIES BHD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 1.01 K employees. See our rating of the largest employees — is MAGNI-TECH INDUSTRIES BHD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAGNI-TECH INDUSTRIES BHD technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAGNI-TECH INDUSTRIES BHD stock shows the buy signal. See more of MAGNI-TECH INDUSTRIES BHD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MAGNI-TECH INDUSTRIES BHD future price: according to them, MAGNI price has a max estimate of 2.50 MYR and a min estimate of 2.50 MYR. Read a more detailed MAGNI-TECH INDUSTRIES BHD forecast: see what analysts think of MAGNI-TECH INDUSTRIES BHD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAGNI-TECH INDUSTRIES BHD EBITDA is 140.06 M MYR, and current EBITDA margin is 9.22%. See more stats in MAGNI-TECH INDUSTRIES BHD financial statements.