Magic Software Enterprises Ltd (MGIC) is lower by 5.09% Monday In Premarket Trading

Magic Software Enterprises Ltd (MGIC) is down -5.09%% today.

MGIC has an Overall Score of 29. Find out what this means to you and get the rest of the rankings on MGIC!

MGIC stock closed at $8.65 and is down -$0.44 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. MGIC has a poor overall score of 29 meaning the stock holds a better value than just 29% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. MGIC gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Magic Software Enterprises Ltd currently has the 70th highest Short-Term Technical score in the Information Technology Services industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders. Magic Software Enterprises Ltd's Overall and Short-Term Technical score paint a mixed picture for MGIC's recent trading patterns and forecasted price. Click Here To Get The Full Report on Magic Software Enterprises Ltd (MGIC)