Magindustries Corp Stock Today

MAAFF Stock  USD 0.0001  0.00  0.00%   

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Odds Of Distress

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MagIndustries Corp is trading at 1.0E-4 as of the 23rd of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.0E-4. MagIndustries Corp has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for MagIndustries Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
MagIndustries Corp. engages in mineral and forestry businesses in Canada. MagIndustries Corp. is a subsidiary of Evergreen Resources Holding Ltd. MAGINDUSTRIES CORP operates under Agricultural Inputs classification in the United States and is traded on PNK Exchange. The company has 755.94 M outstanding shares. More on MagIndustries Corp

MagIndustries Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MagIndustries Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MagIndustries Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanXiaolei Liang
Business ConcentrationPaper & Forest Products, Agricultural Inputs, Basic Materials, Materials, Paper & Forest Products, Agricultural Inputs, Basic Materials (View all Sectors)
MagIndustries Corp (MAAFF) is traded on OTCCE Exchange in USA and employs 315 people. MagIndustries Corp is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 26.46 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MagIndustries Corp's market, we take the total number of its shares issued and multiply it by MagIndustries Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MagIndustries Corp classifies itself under Paper & Forest Products sector and is part of Materials industry. The entity has 755.94 M outstanding shares. MagIndustries Corp has accumulated about 922 K in cash with (19.17 M) of positive cash flow from operations.
Check MagIndustries Corp Probability Of Bankruptcy

MagIndustries Stock Against Markets

Picking the right benchmark for MagIndustries Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MagIndustries Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MagIndustries Corp is critical whether you are bullish or bearish towards MagIndustries Corp at a given time. Please also check how MagIndustries Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MagIndustries Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MagIndustries Corp Corporate Directors

MagIndustries Corp corporate directors refer to members of a MagIndustries Corp board of directors. The board of directors generally takes responsibility for the MagIndustries Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MagIndustries Corp's board members must vote for the resolution. The MagIndustries Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John GingerichIndependent DirectorProfile
Qiang JiangDirectorProfile
Chris HopkinsIndependent DirectorProfile
Anming ZhangIndependent DirectorProfile

How to buy MagIndustries Stock?

Before investing in MagIndustries Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MagIndustries Corp. To buy MagIndustries Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MagIndustries Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MagIndustries Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MagIndustries Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MagIndustries Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MagIndustries Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.

Already Invested in MagIndustries Corp?

The danger of trading MagIndustries Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MagIndustries Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MagIndustries Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MagIndustries Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether MagIndustries Corp is a strong investment it is important to analyze MagIndustries Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MagIndustries Corp's future performance. For an informed investment choice regarding MagIndustries Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagIndustries Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in MagIndustries Stock please use our How to Invest in MagIndustries Corp guide.
Note that the MagIndustries Corp information on this page should be used as a complementary analysis to other MagIndustries Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for MagIndustries Stock analysis

When running MagIndustries Corp's price analysis, check to measure MagIndustries Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MagIndustries Corp is operating at the current time. Most of MagIndustries Corp's value examination focuses on studying past and present price action to predict the probability of MagIndustries Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagIndustries Corp's price. Additionally, you may evaluate how the addition of MagIndustries Corp to your portfolios can decrease your overall portfolio volatility.
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Is MagIndustries Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MagIndustries Corp. If investors know MagIndustries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MagIndustries Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.003
Return On Assets
(0.06)
Return On Equity
(0.35)
The market value of MagIndustries Corp is measured differently than its book value, which is the value of MagIndustries that is recorded on the company's balance sheet. Investors also form their own opinion of MagIndustries Corp's value that differs from its market value or its book value, called intrinsic value, which is MagIndustries Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MagIndustries Corp's market value can be influenced by many factors that don't directly affect MagIndustries Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MagIndustries Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagIndustries Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagIndustries Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.