Shares of MDA Space Ltd. (TSE:MDA - Get Free Report) have been given a consensus rating of "Buy" by the five ratings firms that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$32.00.
A number of analysts have recently weighed in on MDA shares. Canaccord Genuity Group decreased their price target on shares of MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Scotiabank raised their price target on shares of MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th.
Check Out Our Latest Analysis on MDA Space
MDA Space Stock Up 0.2%
TSE:MDA traded up C$0.05 during trading hours on Friday, hitting C$29.56. The stock had a trading volume of 232,075 shares, compared to its average volume of 472,098. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94. MDA Space has a 1-year low of C$11.65 and a 1-year high of C$30.00. The business has a 50 day simple moving average of C$26.43 and a two-hundred day simple moving average of C$26.60. The company has a market cap of C$3.60 billion, a PE ratio of 52.54 and a beta of 0.02.
Insider Buying and Selling
In related news, Senior Officer Guillaume Lavoie bought 1,150 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of C$24.75 per share, for a total transaction of C$28,462.50. Also, Director Michael Philip James Greenley sold 200,000 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were 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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