Closing Bell: Magellan Aero up on Thursday (MAL)

Magellan Aero opened trading today at $8.01 and closed at $8.06. Intraday prices ranged from a low of $7.96 to a high of $8.12.

Shares advanced 0.25 percent from the previous day's close of $8.04.

During the day across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Magellan Aero has listed on the Toronto Stock Exchange (TSX) under the ticker MAL.

A total of 7,546 shares was traded during the session, with total trades of 35, with an average volume of 5,880 over 5 days.

The TSX market on the whole today saw 4,281 price advancers against 982 declines and 87 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, the shares have eased -0.49 percent in the last 52 weeks, while this year, they have advanced 2.68%.

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 $459.60 million on a float of 57,164 shares outstanding. Its annual EPS is $0.20.

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

Magellan Aero's average recommendation is "Strong Buy" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

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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..