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Stock impact report

MTG Outperforms Industry, Hits 52-Week High: How to Play the Stock [Yahoo! Finance]

MGIC Investment Corporation (MTG) 
Last mgic investment corporation earnings: 2/4 06:45 am Check Earnings Report
US:NYSE Investor Relations: mtg.mgic.com/investor-overview
Company Research Source: Yahoo! Finance
MGIC Investment has outperformed its peers, including Enact Holdings, Inc. ACT, Horace Mann Educators Corporation HMN, and Radian Group Inc. RDN. Shares of ACT, HMN, and RDN have gained 23.8%, 18.7% and 14.4%, respectively, in the past year. Image Source: Zacks Investment Research With a capitalization of $6.84 billion, the average number of shares traded in the last three months was 1.6 million. Shares of MGIC Investment are trading above the 50-day and 200-day simple moving averages (SMA) of $28.17 and $26.79, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data. Image Source: Zacks Investment Research MGIC Investment shares are trading at a price-to-book value of 1.29X, lower than the industry average of 2.74X, the Finance sector's 4.35X, and the Zacks S&P 500 Composite's 8.6X. Its pricing, at a discount to the industry average, gives a better entry point to investor Show less Read more
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