Closing Bell: Magellan Aero up on Monday (MAL)

Today during trading, Magellan Aero shares closed at $9.24 after opening the day at $9.20. prices ranged from $9.07 to $9.24.

Share prices advanced 0.76% from the previous day's close of $9.17.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 3,357 on 17 total trades, while having an average volume of 8,047 over the last 5-days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $9.24 (July 29,2024) and low as $7.02 (September 18,2023). Moreover, in the last 12 months, Magellan Aero's shares have advanced 15.21%, while this year, they have boosted 17.71%.

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 $524.19 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..