MDA Space Ltd. (TSE:MDA - Get Free Report) Senior Officer Luigi Pozzebon sold 8,000 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of C$32.02, for a total transaction of C$256,160.00.
MDA Space Stock Up 3.1%
MDA stock traded up C$1.01 during trading hours on Wednesday, hitting C$33.14. The company's stock had a trading volume of 944,867 shares, compared to its average volume of 481,032. The company has a market capitalization of C$4.04 billion, a PE ratio of 58.90 and a beta of 0.02. MDA Space Ltd. has a 12 month low of C$11.78 and a 12 month high of C$33.28. The stock has a 50 day moving average price of C$27.28 and a two-hundred day moving average price of C$26.76. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on MDA. Desjardins lifted their target price on MDA Space from C$38.00 to C$40.00 and gave the stock a "buy" rating in a report on Monday. Canaccord Genuity Group dropped their target price on shares of MDA Space from C$37.00 to C$36.00 and set a "buy" rating on the stock in a research report on Wednesday, May 21st. Finally, Scotiabank upped their price target on MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, MDA Space has a consensus rating of "Buy" and an average target price of C$32.89.
Read Our Latest Stock Report on MDA Space
About MDA Space
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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.
Further Reading
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