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Closing Bell: Magellan Aero up on Tuesday (MAL)

Automated Summaries - The Globe and Mail - Tue Jul 30, 4:02PM CDT

In trading today, Magellan Aero stock opened at $9.07 and closed at $9.25. Intraday prices ranged from $9.07 to $9.30.

The price gained 0.11% from the previous day's close of $9.24.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 9,291 shares was traded during the session, with total trades of 31, while having an average volume of 8,716 over the last 5-days.

The TSX overall saw 2,584 price advancers against 2,644 declines and 86 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $9.30 (July 30,2024) and low as $7.02 (September 18,2023). Moreover, in the last 52 weeks, Magellan Aero's shares have advanced 15.34%, while this year, they have raised 17.83%.

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 $528.19 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. 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..