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

In trading today, shares of Martinrea International Inc opened at $11.40 and closed at $11.25. Intraday prices ranged from $11.25 to $11.43.

Shares eased -1.32 percent from the previous day's close of $11.40.

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.

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

Trading volume was 81,522 on 530 total trades, while having an average volume of 101,163 over the last 5-days.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 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, the shares have dipped -23.16 percent in the last 12 months, while this year, they have dipped -21.55%.

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 $874.84 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.

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..