Magic Software Enterprises Ltd. (MGIC) climbed 5.61% or 0.53 to $9.97. It is near to 66442 shares traded, which is 268.94% compare to the average total volume 24705. The market cap of MGIC is $487.44 million. The year to date change is 30.9%. The 52 week price range is from $7.29 to $9.99. Price of MGIC have changed 1.51% during last week. It have changed 11.32% over last month, 16.76% over last 3 months, 16.12% over last 6 months and 19.99% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for MGIC is 8.63. It is -13.44% below current price. The 200-day Moving Averages for MGIC is 8.32. It is -16.55% below current price. The 52-week High is 9.99. It is 0.20% from the current price. The 52-week Low is 7.29. It is -26.88% from current price.
There are some statistics of MGIC. It is has market cap $487.44 million. The share outstanding is 48.89 million. The average volume is 24705. The percent of top 15 Institution holding is 24.20%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of MGIC is 8.93%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of MGIC is 5.76%.