Closing Bell: Magellan Aero up on Wednesday (MAL)
Today, Magellan Aero opened at $8.30 and closed at $8.33. It traded at a low of $8.27 to a high of $8.50.
The price advanced 0.73% from the previous day's close of $8.27.
During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.
Magellan Aero has listed on the Toronto Stock Exchange (TSX) under the ticker MAL.
Trading volume was 8,651 on 35 total trades. On average, Magellan Aero has traded 11,191 shares in the last five days and 8,059 year-to-date.
The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.
During the prior 52 weeks, MAL.TO has traded as high as $8.67 (March 14,2024) and low as $7.02 (September 18,2023). Moreover, in the last 12 months, Magellan Aero's shares have advanced 0.97%, while they have advanced 6.11% since the start of 2024.
It announced a 0.03 dividend on April 30/24, with an June 14/24 ex-date and June 28/24 pay day.
Following today's trading, Magellan Aero has a market capitalization of $472.74 million on a float of 57,164 shares outstanding. Its annual EPS is $0.20.
Magellan Aero is a TSX Aerospace & Defense company headquartered in Mississauga, CAN.
Currently, Magellan Aero has an average recommendation of "Strong Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy ratings for the stock.
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