MDA Space Ltd. (TSE:MDA) Senior Officer Minda Marie Suchan Sells 40,000 Shares

MDA Space Ltd. (TSE:MDA - Get Free Report) Senior Officer Minda Marie Suchan sold 40,000 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of C$30.64, for a total transaction of C$1,225,608.00.

MDA Space Price Performance

Shares of MDA Space stock traded up C$1.56 on Friday, hitting C$32.22. The company's stock had a trading volume of 1,531,873 shares, compared to its average volume of 476,988. The company has a market capitalization of C$3.93 billion, a P/E ratio of 57.27 and a beta of 0.02. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. The firm has a fifty day moving average price of C$26.84 and a 200-day moving average price of C$26.70. MDA Space Ltd. has a 52-week low of C$11.78 and a 52-week high of C$32.35.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MDA. Scotiabank lifted their target price on shares of MDA Space from C$28.50 to C$34.00 in a report on Monday, March 10th. Canaccord Genuity Group dropped their price objective on shares of MDA Space from C$37.00 to C$36.00 and set a "buy" rating on the stock in a research note on Wednesday, May 21st. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$32.00.

MDA Space Company Profile

MDA 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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