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Magellan Aero(MAL-T)
TSX

Today's Change
Real-Time Last Update

Closing Bell: Magellan Aero down on Monday (MAL)

Automated Summaries - The Globe and Mail - Mon May 6, 4:01PM CDT

In market activity today, Magellan Aero shares closed at $7.89 after opening the day at $7.78. Intraday prices ranged from $7.78 to $7.94.

Shares dipped -1.25 percent from the previous day's close of $7.99.

During the day across North America, the TSX Composite closed 1.42% at 22259.47, the S&P 500 closed 1.26% at 5127.79, the Dow Jones Industrial Average closed 1.18% at 38675.68 and the Nasdaq Composite closed 1.99% at 16156.33.

Magellan Aero traded under MAL on the Toronto Stock Exchange (TSX).

A total of 13,181 shares was traded during the session, with total trades of 61, while having an average volume of 12,566 over the last 5-days.

The TSX overall saw 3,516 price advancers against 1,683 declines and 111 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $8.67 (March 14,2024) and low as $7.02 (September 18,2023). Moreover, in the last 52 weeks, Magellan Aero's shares have boosted 3.95 percent, while this year, they have advanced 0.51%.

It announced a 0.03 dividend on April 30/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Magellan Aero has a market capitalization of $456.85 million on a float of 57,177 shares outstanding. Its annual EPS is $0.16.

Magellan Aero is a TSX Aerospace & Defense company headquartered in Mississauga, CAN.

Magellan Aero is holding an average recommendation of "Strong Buy" from 1.00 analysts according to Zacks. Currently, there are 1 buy 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..