Holly Lynn Johnson Sells 8,800 Shares of MDA Space Ltd. (TSE:MDA) Stock

MDA Space Ltd. (TSE:MDA - Get Free Report) Senior Officer Holly Lynn Johnson sold 8,800 shares of the business's stock in a transaction on Friday, June 20th. The shares were sold at an average price of C$30.70, for a total value of C$270,160.00.

Holly Lynn Johnson also recently made the following trade(s):

• On Monday, June 23rd, Holly Lynn Johnson sold 31,200 shares of MDA Space stock. The stock was sold at an average price of C$30.70, for a total value of C$957,840.00.

MDA Space Price Performance

TSE:MDA traded down C$0.37 during trading hours on Monday, hitting C$31.85. The company's stock had a trading volume of 458,446 shares, compared to its average volume of 476,833. MDA Space Ltd. has a twelve month low of C$11.78 and a twelve month high of C$33.12. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00. The stock has a fifty day simple moving average of C$26.99 and a 200-day simple moving average of C$26.70. The company has a market capitalization of C$3.88 billion, a P/E ratio of 56.61 and a beta of 0.02.

Analysts Set New Price Targets

Several analysts have weighed in on MDA shares. Desjardins lifted their price objective on shares of MDA Space from C$38.00 to C$40.00 and gave the stock a "buy" rating in a research note on Monday. Scotiabank raised their price objective on MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Finally, Canaccord Genuity Group cut their target price on MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, MDA Space presently has a consensus rating of "Buy" and a consensus target price of C$32.89.

MDA Space Company Profile

MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators.