Magic Software Enterprises Ltd.

NASDAQ:MGIC   4:00:00 PM EDT
13.63
-0.23 (-1.66%)
6:16:46 PM EDT: $13.90 +0.27 (+1.98%)
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Market Cap (Intraday)669.13M
Current PE14.38
Forward PE 12.17
2yr Forward PE 11.36
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Estimates Current Quarter
Revenue$143.4 Million
Adjusted EPS$0.27
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10-Day MA$13.78
50-Day MA$15.15
200-Day MA$16.37
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Magic Software Enterprises Ltd. Stock, NASDAQ:MGIC

Yahadut Canada 1 Street, Or Yehuda, Tel Aviv 6037501
Israel
Phone: +972.3.538.9292
Number of Employees: 3677
http://www.magicsoftware.com

Description

Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. It operates through Software Services and IT Professional Services segments. The Software Services segment includes proprietary and non-proprietary software technology and complementary services. The IT Professional Services segment offers services in the areas of infrastructure design and delivery; application development; technology planning and implementation services; communications services and solutions; and supplemental staffing services. The company was founded by David Assia on February 10, 1983 and is headquartered in Or Yehuda, Israel.