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 dated Friday, June 20th. The stock was sold at an average price of C$30.70, for a total transaction of C$270,160.00.

MDA Space Stock Up 5.1%

MDA Space stock traded up C$1.56 during trading hours on Friday, reaching C$32.22. The stock had a trading volume of 1,531,873 shares, compared to its average volume of 476,988. MDA Space Ltd. has a 52 week low of C$11.78 and a 52 week high of C$32.35. The company has a market cap of C$3.93 billion, a price-to-earnings ratio of 57.27 and a beta of 0.02. 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 business's 50 day moving average price is C$26.84 and its 200-day moving average price is C$26.70.

Analysts Set New Price Targets

MDA has been the subject of a number of recent research reports. Canaccord Genuity Group reduced their target price on shares of MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Scotiabank boosted their target price on shares of MDA Space from C$28.50 to C$34.00 in a report on Monday, March 10th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$32.00.

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.

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