About Magnit
Sector
Industry
CEO
Saul Backal
Headquarters
Las Vegas
Founded
2009
ISIN
US58518C1062
FIGI
BBG002Q75F20
Magnit PAO, formerly Magnit OAO (Magnit OJSC) is a Russia-based holding company, which is engaged in the food retail industry. The Company operates the chain of numerous convenience stores and hypermarkets, as well as Magnit Family stores in more than 1,763 locations across the Russian Federation. The Company’s stores are located within the Southern, Central and Volga Regions, North-Western and Urals Regions. In addition, Magnit OAO has one wholly owned subsidiary, Tander ZAO, located in Krasnodar. It also is an owner of a number of distribution centers and fleet of vehicles.
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Frequently Asked Questions
The current price of MGNT is 0.1400 USD — it has increased by 69.90 K% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Magnit stocks are traded under the ticker MGNT.
MGNT stock is 99.86% volatile and has beta coefficient of 0.21. Check out the list of the most volatile stocks — is Magnit there?
Yes, you can track Magnit financials in yearly and quarterly reports right on TradingView.
No, MGNT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, MGNT 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 Magnit stock right from TradingView charts — choose your broker and connect to your account.
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 Magnit technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Magnit stock shows the strong buy signal. See more of Magnit 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.