Martinrea International Inc. (TSE:MRE - Get Free Report) Senior Officer Peter Cirulis acquired 4,568 shares of the firm's stock in a transaction on Friday, May 23rd. The shares were bought at an average cost of C$7.99 per share, with a total value 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 purchased at an average price of C$7.45 per share, for a total transaction of C$110,393.93.
- On Thursday, March 20th, Peter Cirulis acquired 5,000 shares of Martinrea International stock. The stock was purchased at an average price of C$7.39 per share, for a total transaction of C$36,965.50.
Martinrea International Price Performance
Martinrea International stock traded down C$0.12 during trading hours on Wednesday, reaching C$8.04. 14,586 shares of the stock were exchanged, compared to its average volume of 142,112. The stock has a 50 day moving average of C$7.32 and a two-hundred day moving average of C$8.38. Martinrea International Inc. has a twelve month low of C$6.12 and a twelve month high of C$12.30. The company has a current ratio of 1.23, a quick ratio of 0.68 and a debt-to-equity ratio of 80.32. The company has a market cap of C$597.64 million, a P/E ratio of 5.99, a price-to-earnings-growth ratio of 0.82 and a beta of 2.08.
Analysts Set New Price Targets
MRE has been the topic of several recent research reports. TD Securities lifted their price objective on shares of Martinrea International from C$10.00 to C$13.00 and gave the stock a "buy" rating in a research note on Sunday, May 4th. CIBC upped their target price on shares of Martinrea International from C$8.50 to C$8.75 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Cibc World Mkts cut shares of Martinrea International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Finally, Raymond James reduced their target price on shares of Martinrea International from C$14.00 to C$12.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Martinrea International presently has an average rating of "Hold" and an average target price of C$11.19.
View Our Latest Analysis on Martinrea International
About Martinrea International
(
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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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