Closing Bell: Linamar Corp down on Tuesday (LNR)
In trading today, Linamar Corp shares opened at $63.17 and closed at $61.48. Intraday prices ranged from a low of $61.00 to a high of $63.17.
The price shrank -3.20% from the previous day's close of $63.51.
Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.
Linamar Corp has listed on the Toronto Stock Exchange (TSX) under the ticker LNR.
A total of 129,468 shares was traded during the session, with total trades of 1,004. On average, Linamar Corp has traded 165,736 shares in the last five days and 85,781 year-to-date.
Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 unchanged.
During the prior 52 weeks, LNR.TO has traded as high as $77.69 (August 08,2023) and low as $56.78 (November 13,2023). Moreover, in the last 52 weeks, Linamar Corp's shares have shrunken -21.04 percent, while this year, they have dipped -3.97%.
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 $3.91 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 is holding an average recommendation of "Strong Buy" from 5.00 analysts according to Zacks. Currently, there are 4 buy ratings and 1 hold ratings for the stock.
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..
