stoxline Quote Chart Rank Option Currency Glossary
  
Magnite, Inc. (MGNI)
10.75  0.37 (3.56%)    03-28 16:00
Open: 10.39
High: 10.93
Volume: 1,237,304
  
Pre. Close: 10.38
Low: 10.39
Market Cap: 1,504(M)
Technical analysis
2024-03-28 4:52:53 PM
Short term     
Mid term     
Targets 6-month :  14.48 1-year :  16.91
Resists First :  12.39 Second :  14.48
Pivot price 10.98
Supports First :  10.3 Second :  9.01
MAs MA(5) :  10.49 MA(20) :  11.17
MA(100) :  9.36 MA(250) :  9.94
MACD MACD :  0 Signal :  0.2
%K %D K(14,3) :  16.5 D(3) :  11.3
RSI RSI(14): 50.6
52-week High :  15.72 Low :  6.28
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ MGNI ] has closed above bottom band by 36.7%. Bollinger Bands are 5% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 10.94 - 11.02 11.02 - 11.08
Low: 10.25 - 10.33 10.33 - 10.39
Close: 10.64 - 10.77 10.77 - 10.87
Company Description

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Headline News

Thu, 28 Mar 2024
What's Driving Magnite Inc's Surprising 11% Stock Rally? - GuruFocus.com

Thu, 28 Mar 2024
Magnite, Inc. Revenue Breakdown – NASDAQ:MGNI – TradingView - TradingView

Tue, 26 Mar 2024
Magnite (NASDAQ:MGNI) Trading Up 4.7% - MarketBeat

Tue, 26 Mar 2024
Legato Capital Management LLC Makes New Investment in Magnite, Inc. (NASDAQ:MGNI) - Defense World

Tue, 26 Mar 2024
Magnite (NASDAQ:MGNI) Receives “Buy” Rating from Benchmark - Defense World

Sat, 23 Mar 2024
Wellington Management Group LLP Sells 1,264,855 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Communication Services
Industry:
Advertising Agencies
Shares Out 140 (M)
Shares Float 124 (M)
Held by Insiders 11.3 (%)
Held by Institutions 75.2 (%)
Shares Short 6,060 (K)
Shares Short P.Month 6,460 (K)
Stock Financials
EPS -1.17
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 5.05
Profit Margin -25.7 %
Operating Margin 18.7 %
Return on Assets (ttm) -3.5 %
Return on Equity (ttm) -21.4 %
Qtrly Rev. Growth 6.5 %
Gross Profit (p.s.) 0
Sales Per Share 4.42
EBITDA (p.s.) 0.56
Qtrly Earnings Growth 0 %
Operating Cash Flow 214 (M)
Levered Free Cash Flow 251 (M)
Stock Valuations
PE Ratio -9.19
PEG Ratio -0.5
Price to Book value 2.12
Price to Sales 2.42
Price to Cash Flow 7.01
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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