Magontec Limited (MGL.AX)
Makes magnesium alloys and corrosion protection systems for industrial equipment.
0.20-0.07%Basic Materials
StockGlow Score
Bearish
BearishBullish
1 year ago+5.3%
The outlook
MGL.AX is trading near the lower end of its 52-week range and sits below both its 50- and 200-day moving averages, signaling a weak near-term trend. Analyst coverage appears limited, and the overall sentiment leans bearish based on current market positioning.
What’s behind the score
Price trendBelow its 50- & 200-day averages
52-week range20% of the way from its 52-week low to high
Market cap
$11.6M
52-wk high
0.26
52-wk low
0.19
50-day avg
0.22
200-day avg
0.22
Trailing P/E
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