Magellan Financial Group (MFG) Sets New 52-Week High at $45.48

Magellan Financial Group Ltd (ASX:MFG) shares reached a new 52-week high during trading on Thursday . The company traded as high as A$45.48 ($32.26) and last traded at A$44.50 ($31.56), with a volume of 1229735 shares trading hands. The stock had previously closed at A$44.39 ($31.48).

The company has a market cap of $7.94 billion and a P/E ratio of 23.74.

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About Magellan Financial Group (ASX:MFG)

Magellan Financial Group is a publicly owned investment manager. The firm provide its services to high net worth, retail, and institutional investors. Magellan Financial Group is based in Sydney, Australia.

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