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MGIC Investment (MTG) in Focus: Stock Up 5.2% in Session
MGIC Investment Corp. (MTG - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $5.44 to $6.01 since Jun 24, 2016.
The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
MGIC Investment currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
MGIC INVSTMT CP Price
MGIC INVSTMT CP Price | MGIC INVSTMT CP Quote
Another well-ranked stock in the same industry is Radian Group Inc. (RDN - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is MTG going up? Or down? Predict to see what others think: Up or Down
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