At close of market on Friday, Magna International Inc. (TSX:MG) stock finished trading at +1.52%, bringing the stock price to $62.17 on the Toronto Stock Exchange. The stock price saw a low of $61.01 and a high of $63.04.
The company’s stock was traded 5,593 times with a total of 888,060 shares traded.
Magna International Inc. has a market cap of $20.04 billion, with 317.46 million shares in issue.
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier’s product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly. Roughly half of Magna’s revenue comes from North America while Europe accounts for approximately 40%.
