Closing Bell: Magellan Aero up on Thursday (MAL)

Today in trading, Magellan Aero stock opened at $8.31 and closed at $8.45. It traded at a low of $8.31 to a high of $8.50.

The price advanced 1.44% from the previous day's close of $8.33.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 2,515 shares was traded during the last trading day, with total trades of 16. On average, Magellan Aero has traded 10,185 shares over the last 5-days and 8,020 year-to-date.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 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 12 months, Magellan Aero's shares have advanced 2.42 percent, while in 2024, they have advanced 7.64%.

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 $476.17 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.

Currently, Magellan Aero has an average recommendation of "Strong Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy 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..