Closing Bell: Linamar Corp up on Friday (LNR)

Today in trading, shares of Linamar Corp opened at $66.78 and closed at $67.13. Intraday prices ranged from $66.78 to $67.97.

The price gained 0.57% from the previous day's close of $66.75.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed -0.88% at 5584.54, the Dow Jones Industrial Average closed 0.08% at 39753.75 and the Nasdaq Composite closed -1.95% at 18283.41.

Linamar Corp traded under LNR on the Toronto Stock Exchange (TSX).

A total of 72,517 shares was traded during the session, with total trades of 634. On average, Linamar Corp has traded 54,231 shares in the last five days and 82,908 year-to-date.

Trading across the entire TSX saw 3,781 price advancers against 1,454 declines and 97 unchanged.

During the prior 52 weeks, LNR.TO has traded as high as $78.89 (August 03,2023) and low as $56.78 (November 13,2023). Moreover, in the last 52 weeks, Linamar Corp's shares have eased -8.64 percent, while this year, they have advanced 4.86%.

It announced a 0.25 dividend on May 09/24, with an May 24/24 ex-date and June 07/24 pay day.

Following today's trading, Linamar Corp has a market capitalization of $4.11 billion on a float of 61,578 shares outstanding. Its annual EPS is $9.17.

Linamar Corp is a TSX Auto Parts company headquartered in Guelph, CAN.

Linamar Corp's average recommendation is "Strong Buy" based on 5.00 analysts according to Zacks. From those 5 analysts, 4 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..