Magellan Aerospace Co. (
TSE:MAL -
Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$26.00 and last traded at C$23.21, with a volume of 42395 shares trading hands. The stock had previously closed at C$24.60.
Magellan Aerospace Trading Down 5.7%
The firm has a market cap of C$1.32 billion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of -21.36 and a beta of 0.64. The business has a 50 day moving average of C$21.36 and a 200 day moving average of C$18.48. The company has a quick ratio of 1.55, a current ratio of 2.66 and a debt-to-equity ratio of 11.35.
Magellan Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.05 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.20 annualized dividend and a yield of 0.9%. Magellan Aerospace's payout ratio is 18.99%.
Magellan Aerospace Company Profile
(
Get Free Report)
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Magellan Aerospace, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Magellan Aerospace wasn't on the list.
While Magellan Aerospace currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
