Martinrea International Inc. (TSE:MRE - Get Free Report) Senior Officer Peter Cirulis purchased 4,568 shares of the stock in a transaction on Friday, May 23rd. The stock was acquired at an average price 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 purchased 14,814 shares of Martinrea International stock. The stock was bought at an average cost 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 shares were bought at an average cost of C$7.39 per share, with a total value of C$36,965.50.
Martinrea International Stock Down 1.2%
Shares of Martinrea International stock traded down C$0.10 during trading hours on Friday, reaching C$8.43. 2,062,515 shares of the company's stock were exchanged, compared to its average volume of 143,953. 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 50 day moving average of C$7.35 and a two-hundred day moving average of C$8.38. The stock has a market cap of C$626.62 million, a P/E ratio of 6.28, a P/E/G ratio of 0.82 and a beta of 2.08. Martinrea International Inc. has a fifty-two week low of C$6.12 and a fifty-two week high of C$12.30.
Analyst Ratings Changes
A number of equities analysts recently weighed in on MRE shares. CIBC upped their target price on shares of Martinrea International from C$8.50 to C$8.75 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Cibc World Mkts cut Martinrea International from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. TD Securities lifted their target price on Martinrea International from C$10.00 to C$13.00 and gave the company a "buy" rating in a research report on Sunday, May 4th. Finally, Raymond James reduced their price target on Martinrea International from C$14.00 to C$12.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of C$11.19.
Check Out Our Latest Analysis on MRE
Martinrea International Company Profile
(
Get Free Report)
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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