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

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

Martinrea International Inc opened trading today at $11.39 and closed at $11.18. Intraday prices ranged from $11.07 to $11.47.

Share prices reduced -1.76% from the previous day's close of $11.38.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Martinrea International Inc has listed on the Toronto Stock Exchange (TSX) under the ticker MRE.

A total of 118,744 shares was traded during the session, with total trades of 719, while having an average volume of 92,321 in the last five days.

The TSX overall saw 907 price advancers against 4,327 declines and 72 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 decreased -25.42% in 52 weeks, while they have dipped -22.04% 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 $873.30 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.

Currently, Martinrea International Inc's consensus rating is "Moderate Buy" based on 7 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..