Closing Bell: Linamar Corp down on Wednesday (LNR)

Today during trading, Linamar Corp opened at $62.09 and closed at $61.19. It traded at a low of $60.98 to a high of $63.05.

The price lost -0.47 percent from the previous day's close of $61.48.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Linamar Corp has listed on the Toronto Stock Exchange (TSX) under the ticker LNR.

Trading volume was 109,292 on 779 total trades, while having an average volume of 170,298 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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, the shares have dipped -21.41 percent in the last 52 weeks, while this year, they have dipped -4.42%.

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 $3.79 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.

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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..