Magic Software Enterprises Hits Day High with 7.98% Surge in Stock Price

Magic Software Enterprises has experienced a significant uptick in its stock performance, gaining 7.98% on December 1, 2025. The stock reached an intraday high of USD 24.80, reflecting strong market activity. Over the past week, Magic Software has outperformed the S&P 500, with a 10.17% increase compared to the index's 3.73%. In the last month, the stock has surged by 18.66%, while its year-to-date performance stands at an impressive 103.49%, significantly surpassing the S&P 500's 16.45%. Over the past year, Magic Software has generated a remarkable return of 104.85%, compared to the S&P 500's 14.18%. The company maintains a solid financial position, highlighted by a high return on equity (ROE) of 15.88% and a low debt-to-equity ratio. With institutional holdings at 22.63%, Magic Software demonstrates strong backing from investors capable of in-depth analysis. Overall, the stock's performance metrics indicate a robust market presence within the software products industry.