Closing Bell: Linamar Corp down on Thursday (LNR)

Today during trading, shares of Linamar Corp opened at $68.95 and closed at $66.18. Intraday prices ranged from $65.97 to $69.10.

The price dipped -3.91% from the previous day's close of $68.87.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 161,953 shares was traded during the last trading day, with total trades of 910, while having an average volume of 130,172 over 5 days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 dipped -15.23%, while they have raised 3.37% 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 $4.24 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. 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..