On Tuesday, MGIC Investment Corp. (MTG) shares surpassed their 200-day moving average of $24.15, reaching a high of $24.43 per share. Currently trading up approximately 1.2% for the day, MTG shares are reflecting positive momentum in the market.
The company’s stock has a 52-week low of $19.26 and a high of $26.56, with the latest trade noted at $24.30. This performance indicates a favorable trend as it breaks through significant technical resistance.
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