Closing Bell: Linamar Corp up on Thursday (LNR)

In market activity today, shares of Linamar Corp opened at $67.46 and closed at $68.15. It traded at a low of $67.46 to a high of $68.60.

Shares raised 0.92% from the previous day's close of $67.53.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Linamar Corp has listed on the Toronto Stock Exchange (TSX) under the ticker LNR.

A total of 79,232 shares was traded during the session, with total trades of 632, while having an average volume of 80,111 over the last 5-days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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 dipped -8.62 percent in 52 weeks, while they have boosted 6.45% 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 $4.16 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.

Currently, Linamar Corp's consensus rating is "Strong Buy" based on 5 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..