Closing Bell: Linamar Corp down on Friday (LNR)

Linamar Corp opened trading today at $69.20 and closed at $69.28. Intraday prices ranged from $68.95 to $69.54.

Shares dipped -0.59% from the previous day's close of $69.69.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 59,738 on 482 total trades, while having an average volume of 73,068 over 5 days.

The TSX overall saw 1,821 price advancers against 3,352 declines and 121 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, the shares have decreased -9.02 percent in the last year, while they have advanced 8.22% this year.

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 $4.29 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.

Based on 5.00 analysts, Linamar Corp gets an average recommendation of "Strong Buy" 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..