Closing Bell: Linamar Corp down on Wednesday (LNR)

In trading today, Linamar Corp shares closed at $67.53 after opening the day at $68.34. Intraday prices ranged from a low of $67.50 to a high of $68.70.

Share prices decreased -1.33 percent from the previous day's close of $68.44.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 112,371 on 715 total trades. On average, Linamar Corp has traded 84,661 shares over 5 days and 82,619 year-to-date.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 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 -10.28 percent, while they have raised 5.48% since the start of 2024.

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 $4.21 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.

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