Martinrea International Inc. (TSE:MRE - Get Free Report) Senior Officer Peter Cirulis bought 4,568 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average price of C$7.99 per share, for a total transaction of C$36,485.07.
Peter Cirulis also recently made the following trade(s):
- On Monday, May 5th, Peter Cirulis acquired 14,814 shares of Martinrea International stock. The stock was acquired at an average cost of C$7.45 per share, with a total value of C$110,393.93.
- On Thursday, March 20th, Peter Cirulis bought 5,000 shares of Martinrea International stock. The shares were acquired at an average cost of C$7.39 per share, for a total transaction of C$36,965.50.
Martinrea International Price Performance
Shares of TSE MRE traded down C$0.02 during midday trading on Wednesday, reaching C$8.14. 163,622 shares of the stock traded hands, compared to its average volume of 143,695. The company's 50 day moving average is C$7.34 and its 200 day moving average is C$8.38. Martinrea International Inc. has a one year low of C$6.12 and a one year high of C$12.30. The company has a debt-to-equity ratio of 80.32, a current ratio of 1.23 and a quick ratio of 0.68. The stock has a market capitalization of C$605.07 million, a PE ratio of 6.06, a P/E/G ratio of 0.82 and a beta of 2.08.
Analyst Ratings Changes
A number of equities research analysts have issued reports on MRE shares. TD Securities increased their price objective on shares of Martinrea International from C$10.00 to C$13.00 and gave the company a "buy" rating in a report on Sunday, May 4th. Cibc World Mkts cut shares of Martinrea International from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Raymond James reduced their price target on shares of Martinrea International from C$14.00 to C$12.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, CIBC increased their price objective on shares of Martinrea International from C$8.50 to C$8.75 and gave the company a "neutral" rating in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Martinrea International currently has an average rating of "Hold" and a consensus target price of C$11.19.
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Martinrea International Company Profile
(
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Martinrea International Inc is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids.
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