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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, Martinrea International Inc shares closed at $10.86 after opening the day at $11.01. It traded at a low of $10.60 to a high of $11.03.

The price decreased -2.86% from the previous day's close of $11.18.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Martinrea International Inc traded under MRE on the Toronto Stock Exchange (TSX).

Trading volume was 204,827 on 1,368 total trades, with an average volume of 122,000 over 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, MRE.TO has traded as high as $15.16 (August 04,2023) and low as $10.60 (August 02,2024). Moreover, the shares have shrunken -26.87 percent in the last 12 months, while in 2024, they have reduced -24.27%.

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 $857.96 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's average recommendation is "Moderate Buy" based on 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..