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MGIC Investment Corp. Shares Rise Above 200-Day Average

MGIC Investment Corp. shares have crossed above their 200-day moving average, indicating a positive market trend. This development may influence investor sentiment and stock prices moving forward.

Date: 
AI Rating:   7

Stock Performance Overview: On March 25, 2025, shares of MGIC Investment Corp. (Symbol: MTG) demonstrated notable trading activity as they crossed above their 200-day moving average of $24.15, reaching a high of $24.43. This upward movement reflects a positive trend in the company's stock.

Current Trading Status: As reported, MTG shares are trading up approximately 1.2% for the day. The performance of the stock can be seen as a positive indicator for both current investors and potential buyers, as crossing above the 200-day moving average often signals a bullish trend in the stock market.

52-Week Range: The report specifies MTG's 52-week low point at $19.26 and a high point of $26.56, with the last trade occurring at $24.30, suggesting the company has shown volatility but remains within a healthy range overall.