MGIC Ticking Higher on Increased Volume

Shares of Magic Software Enterprises (MGIC) are higher on the session by nearly 7.1 percent, currently trading at $7.17. The security continues ticking higher on massive volume as it lifts higher intraday, elevating modestly here above its recent momo consolidation highs of $7.19. MGIC currently trades at a trailing P/E of 23.75, price book of [...]