Closing Bell: Linamar Corp down on Wednesday (LNR)
In trading today, Linamar Corp shares closed at $67.53 after opening the day at $68.34. Intraday prices ranged from a low of $67.50 to a high of $68.70.
Share prices decreased -1.33 percent from the previous day's close of $68.44.
During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.
Linamar Corp traded under LNR on the Toronto Stock Exchange (TSX).
Trading volume was 112,371 on 715 total trades. On average, Linamar Corp has traded 84,661 shares over 5 days and 82,619 year-to-date.
The TSX overall saw 1,249 price advancers against 3,959 declines and 110 unchanged.
During the prior 52 weeks, LNR.TO has traded as high as $78.89 (August 03,2023) and low as $56.78 (November 13,2023). Moreover, in the last 52 weeks, Linamar Corp's shares have eased -10.28 percent, while they have raised 5.48% since the start of 2024.
It announced a 0.25 dividend on May 09/24, with an May 24/24 ex-date and June 07/24 pay day.
Following today's trading, Linamar Corp has a market capitalization of $4.21 billion on a float of 61,578 shares outstanding. Its annual EPS is $9.17.
Linamar Corp is a TSX Auto Parts company headquartered in Guelph, CAN.
Linamar Corp's average recommendation is "Strong Buy" based on 5.00 analysts according to Zacks. From those 5 analysts, 4 have buy ratings and 1 analysts gave hold ratings.
AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..
