Closing Bell: Martinrea International Inc down on Wednesday (MRE)

In market activity today, Martinrea International Inc shares opened at $11.55 and closed at $11.22. Intraday prices ranged from $11.22 to $11.64.

Share prices dipped -3.19 percent from the previous day's close of $11.59.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Martinrea International Inc traded under MRE on the Toronto Stock Exchange (TSX).

Trading volume was 180,199 on 926 total trades. On average, Martinrea International Inc has traded 91,914 shares in the last five days and 170,857 year-to-date.

Trading across the entire TSX saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, MRE.TO has traded as high as $15.16 (August 04,2023) and low as $10.75 (April 19,2024). Moreover, in the last 52 weeks, Martinrea International Inc's shares have dipped -21.65 percent, while they have shrunken -21.76% since the start of 2024.

It announced a 0.05 dividend on May 03/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Martinrea International Inc has a market capitalization of $889.42 million on a float of 76,740 shares outstanding. Its annual EPS is $1.89.

Martinrea International Inc is a TSX Auto Parts company headquartered in Vaughan, CAN.

Martinrea International Inc's average recommendation is "Moderate Buy" based on 7.00 analysts according to Zacks. From those 7 analysts, 6 have buy ratings and 1 analysts gave hold 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..