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Closing Bell: Martinrea International Inc down on Wednesday (MRE)

Automated Summaries - The Globe and Mail - Wed Jul 17, 4:01PM CDT

Today, shares of Martinrea International Inc opened at $11.89 and closed at $11.84. Intraday prices ranged from a low of $11.74 to a high of $12.04.

The price dipped -1.50 percent from the previous day's close of $12.02.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Martinrea International Inc has listed on the Toronto Stock Exchange (TSX) under the ticker MRE.

A total of 56,287 shares was traded during the last trading day, with total trades of 368, while having an average volume of 108,095 over 5 days.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, MRE.TO has traded as high as $15.16 (August 04,2023) and low as $10.75 (April 19,2024). Moreover, the shares have dipped -12.88 percent in the last 52 weeks, while they have shrunken -17.43% year-to-date.

It announced a 0.05 dividend on May 03/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Martinrea International Inc has a market capitalization of $922.42 million on a float of 76,740 shares outstanding. Its annual EPS is $1.89.

Martinrea International Inc is a TSX Auto Parts company headquartered in Vaughan, CAN.

Martinrea International Inc is holding an average recommendation of "Moderate Buy" from 7.00 analysts according to Zacks. Currently, there are 6 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
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..