Closing Bell: Magellan Aero up on Friday (MAL)
In market activity today, shares of Magellan Aero opened at $8.12 and closed at $8.25. Intraday prices ranged from $8.12 to $8.25.
Shares gained 2.36% from the previous day's close of $8.06.
Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed -0.88% at 5584.54, the Dow Jones Industrial Average closed 0.08% at 39753.75 and the Nasdaq Composite closed -1.95% at 18283.41.
Magellan Aero has listed on the Toronto Stock Exchange (TSX) under the ticker MAL.
Trading volume was 6,667 on 24 total trades, with an average volume of 5,313 over the last 5 days.
The TSX market on the whole today saw 3,781 price advancers against 1,454 declines and 97 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 raised 2.36%, while in 2024, they have boosted 5.10%.
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 $460.74 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.
Based on 1.00 analysts, Magellan Aero gets an average recommendation of "Strong Buy" 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..
