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MGA

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    37.6595$
  • Previous Close
    37.6595$
  • 52 Week Change
    15.80$
  • Day Range
    0.00$
  • 52 Week High/Low
    26.6201$ - 42.4181$
  • Dividend Per Share
    0.0391
  • Market cap
    21 077 M$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

MGA.BE represents the stock of Ageas, a Belgian insurance company listed on the Euronext Brussels stock exchange. Ageas traces its roots back to 1824 and operates primarily in Europe and Asia, offering a range of life and non-life insurance products to individuals and businesses. The company focuses on partnerships and building strong relationships with distributors to reach its customer base and manage its global footprint through strategic joint ventures and subsidiaries.
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Factors

Automotive Industry Health: Automakers' performance and outlook directly impact Magna's revenue and profitability.

Economic Conditions: Global and regional economic growth or recession influence vehicle demand.

Interest Rates: Higher rates can increase borrowing costs for consumers, potentially reducing car sales.

Raw Material Prices: Fluctuations in steel, aluminum, and plastics affect Magna's production costs.

Currency Exchange Rates: Magna operates globally, so currency fluctuations impact reported earnings.

Technological Advancements: Demand for new technologies like electrification and autonomous driving affects Magna.

Regulatory Changes: Environmental regulations and safety standards can influence automotive components.

Company-Specific News: Earnings reports, contracts, and strategic decisions impact investor sentiment.

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