Closing Bell: Magellan Aero up on Wednesday (MAL)

In today's trading, Magellan Aero shares closed at $9.52 after opening the day at $9.46. prices ranged from a low of $9.28 to a high of $9.55.

Share prices advanced 2.92 percent from the previous day's close of $9.25.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 15,122 shares was traded during the session, with total trades of 48, while having an average volume of 10,639 over 5 days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, MAL.TO has traded as high as $9.55 (July 31,2024) and low as $7.02 (September 18,2023). Moreover, in the last 12 months, Magellan Aero's shares have boosted 18.70 percent, while they have advanced 21.27% 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 $528.76 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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