Magellan Health Inc. (MGLN) surged 11.43% or 7.43 to $72.45. It is nearly 1.02 million shares traded, which is 456.78% compare to the average total volume 224385. The market cap of MGLN is $1.76 billion. The year to date change is 27.95%. The 52 week price range is from $51.88 to $112.25. Price of MGLN have changed 2.83% during last week. It have changed 6.16% over last month, 19.52% over last 3 months, -12.19% over last 6 months and -31.56% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for MGLN is 60.56. It is -16.41% below current price. The 200-day Moving Averages for MGLN is 74.18. It is 2.39% above current price. The 52-week High is 112.25. It is 54.93% from the current price. The 52-week Low is 51.88. It is -28.39% from current price.
There are some statistics of MGLN. It is has market cap $1.76 billion. The share outstanding is 24.26 million. The average volume is 224385. The percent of top 15 Institution holding is 162.30%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of MGLN is 8.46%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of MGLN is 3.75%.