Closing Bell: Linamar Corp down on Monday (LNR)

Today in trading, Linamar Corp shares closed at $68.98 after opening the day at $69.42. It traded at a low of $68.87 to a high of $69.71.

The price eased -0.43% from the previous day's close of $69.28.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

A total of 46,572 shares was traded during the last trading day, with total trades of 364, while having an average volume of 73,591 in the last five days.

The TSX overall saw 3,734 price advancers against 1,480 declines and 101 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 reduced -8.11 percent in the last 52 weeks, while this year, they have advanced 7.75%.

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.

Based on 5.00 analysts, Linamar Corp gets an average recommendation of "Strong Buy" according to Zacks. Currently, there are 4 buy ratings and 1 hold ratings for the stock.

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..