MGIC Investment Corporation (symbol: MTG) was one of the biggest winners of
the trading day today (2016-07-19), gaining 6.74%. The number of shares
that changed hands was 25,622,818, or about 3.9 times the average daily
volume in the stock.
The closing price was $6.81, amounting to a market cap of $2,320,000,000,
about -39.95% off the highest price in the last 12 months. The stock has
been trading at a range between $5.36 and $11.34.
MTG is in the Property-Casualty Insurers industry, part of the Finance
sector. It first went public in 1991.
Looking at its valuation, the stock is now trading at 2.74 times earnings.
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