Closing Bell: Magellan Aero up on Thursday (MAL)

In market activity today, Magellan Aero shares closed at $9.11 after opening the day at $8.89. prices ranged from a low of $8.89 to a high of $9.19.

The price boosted 2.94 percent from the previous day's close of $8.85.

During the day 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.

Magellan Aero traded under MAL on the Toronto Stock Exchange (TSX).

A total of 20,856 shares was traded during the session, with total trades of 68, with an average volume of 8,181 over 5 days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $9.19 (July 25,2024) and low as $7.02 (September 18,2023). Moreover, the shares have boosted 9.36% in the last year, while they have raised 16.05% year-to-date.

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 $505.90 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 is holding an average recommendation of "Strong Buy" from 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..