Closing Bell: Magellan Aero down on Tuesday (MAL)
Today, Magellan Aero opened at $8.75 and closed at $8.68. prices ranged from $8.63 to $8.75.
The price lost -1.14% from the previous day's close of $8.78.
During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.
Magellan Aero has listed on the Toronto Stock Exchange (TSX) under the ticker MAL.
Trading volume was 13,907 on 29 total trades, with an average volume of 10,471 in the last five days.
The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.
During the prior 52 weeks, MAL.TO has traded as high as $9.55 (July 31,2024) and low as $7.02 (September 18,2023). Moreover, the shares have advanced 11.86% in 52 weeks, while this year, they have gained 10.57%.
It announced a 0.03 dividend on August 02/24, with an September 16/24 ex-date and September 30/24 pay day.
Following today's trading, Magellan Aero has a market capitalization of $501.90 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 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..
