Shares of MDA Space Ltd. (TSE:MDA - Get Free Report) have been given an average recommendation of "Buy" by the five brokerages that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy recommendation. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$32.00.
MDA has been the topic of a number of analyst reports. Scotiabank lifted their price objective on MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th. Canaccord Genuity Group reduced their price objective on 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.
Check Out Our Latest Stock Report on MDA Space
MDA Space Price Performance
Shares of TSE:MDA traded up C$0.63 during trading on Friday, reaching C$30.59. The stock had a trading volume of 525,293 shares, compared to its average volume of 470,282. The company has a debt-to-equity ratio of 34.94, a quick ratio of 1.00 and a current ratio of 0.83. The business has a fifty day moving average price of C$26.72 and a 200-day moving average price of C$26.67. The stock has a market cap of C$3.73 billion, a PE ratio of 54.37 and a beta of 0.02. MDA Space has a 1-year low of C$11.65 and a 1-year high of C$30.80.
Insider Buying and Selling
In other news, Senior Officer David Snarch sold 18,000 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of C$28.20, for a total transaction of C$507,600.00. Also, Director Michael Philip James Greenley sold 200,000 shares of the company's stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of C$29.04, for a total value of C$5,807,400.00. 12.60% of the stock is currently owned by company insiders.
MDA Space Company Profile
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Get Free ReportMDA 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.
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