Closing Bell: Magellan Aero up on Friday (MAL)

In today's trading, shares of Magellan Aero opened at $8.45 and closed at $8.50. prices ranged from a low of $8.45 to a high of $8.50.

The price raised 0.59% from the previous day's close of $8.45.

During the day across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

Magellan Aero has listed on the Toronto Stock Exchange (TSX) under the ticker MAL.

Trading volume was 3,626 on 13 total trades, while having an average volume of 9,577 over the last 5-days.

The TSX overall saw 1,821 price advancers against 3,352 declines and 121 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, the shares have boosted 3.03 percent in the last year, while in 2024, they have raised 8.28%.

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 $483.03 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.

Magellan Aero's average recommendation is "Strong Buy" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

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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..