Insider Selling: MDA Space Ltd. (TSE:MDA) Senior Officer Sells 31,200 Shares of Stock

MDA Space Ltd. (TSE:MDA - Get Free Report) Senior Officer Holly Lynn Johnson sold 31,200 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of C$30.70, for a total value of C$957,840.00.

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

• On Friday, June 20th, Holly Lynn Johnson sold 8,800 shares of MDA Space stock. The stock was sold at an average price of C$30.70, for a total transaction of C$270,160.00.

MDA Space Trading Down 0.7%

Shares of TSE MDA traded down C$0.23 during mid-day trading on Monday, hitting C$31.99. 385,902 shares of the company traded hands, compared to its average volume of 476,104. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. MDA Space Ltd. has a 1 year low of C$11.78 and a 1 year high of C$33.12. The stock has a market capitalization of C$3.90 billion, a price-to-earnings ratio of 56.86 and a beta of 0.02. The business has a 50 day moving average of C$26.99 and a two-hundred day moving average of C$26.70.

Analyst Ratings Changes

Several analysts have recently issued reports on MDA shares. Scotiabank boosted their price objective on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Desjardins boosted 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. Finally, Canaccord Genuity Group dropped their price objective on shares of 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, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$32.89.

About MDA Space

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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