Closing Bell: Magellan Aero up on Friday (MAL)

In today's trading, Magellan Aero shares closed at $9.17 after opening the day at $9.11. prices ranged from $9.11 to $9.24.

The price advanced 0.66 percent from the previous day's close of $9.11.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

Trading volume was 4,573 on 20 total trades. On average, Magellan Aero has traded 8,370 shares over 5 days and 8,001 year-to-date.

The TSX overall saw 3,857 price advancers against 1,325 declines and 128 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $9.24 (July 26,2024) and low as $7.02 (September 18,2023). Moreover, the shares have advanced 9.95% in 52 weeks, while in 2024, they have boosted 16.82%.

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 $520.76 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. Currently, there are 1 buy ratings for the stock.

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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..