Closing Bell: Linamar Corp up on Wednesday (LNR)

Today during trading, shares of Linamar Corp opened at $69.05 and closed at $69.70. prices ranged from $68.43 to $70.24.

Shares advanced 0.40 percent from the previous day's close of $69.42.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 70,074 on 538 total trades, with an average volume of 67,446 in the last five days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 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 decreased -6.69 percent, while this year, they have advanced 8.87%.

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 $4.27 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 is holding an average recommendation of "Strong Buy" from 5.00 analysts according to Zacks. Currently, there are 4 buy ratings and 1 hold ratings for the stock.

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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..