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The latest update is out from MAGIS S.p.A. ( (IT:MGS) ).
Magis S.p.A. announced that Lazard Frères Gestion S.A.S. has increased its shareholding to over 5% of the company’s share capital with voting rights, holding 302,381 ordinary shares. This change in shareholding structure highlights the growing interest in Magis, potentially impacting its market positioning and stakeholder relations.
More about MAGIS S.p.A.
Magis S.p.A. is a leading company in the production of customized adhesive tapes and closure systems for adult and child body care. Based in Cerreto Guidi, Tuscany, and founded in 1983 by Marco Marzi, the company is known for its innovative approaches such as hot melt coating on polypropylene and protected printing techniques. Magis focuses on market needs with a strong emphasis on environmental sustainability and high-quality standards.
Average Trading Volume: 13,397
Technical Sentiment Signal: Sell
For a thorough assessment of MGS stock, go to TipRanks’ Stock Analysis page.