Closing Bell: Linamar Corp down on Friday (LNR)

Linamar Corp opened trading today at $65.31 and closed at $63.51. It traded at a low of $62.57 to a high of $65.37.

Shares dipped -4.03% from the previous day's close of $66.18.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 266,237 shares was traded during the last trading day, with total trades of 1,548. On average, Linamar Corp has traded 158,568 shares over 5 days and 85,490 year-to-date.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 12 months, Linamar Corp's shares have shrunken -18.26 percent, while this year, they have eased -0.80%.

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 $3.91 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 has an average recommendation of "Strong Buy" based on 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..