MDA Space Ltd. (TSE:MDA - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$30.28 and last traded at C$30.27, with a volume of 78951 shares. The stock had previously closed at C$29.56.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. Canaccord Genuity Group reduced their price target on MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Scotiabank lifted their target price on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of C$32.00.
Read Our Latest Analysis on MDA
MDA Space Stock Performance
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 company has a market cap of C$3.74 billion, a P/E ratio of 54.49 and a beta of 0.02. The firm has a 50 day moving average price of C$26.72 and a 200-day moving average price of C$26.67.
Insider Buying and Selling
In related news, Director Michael Philip James Greenley sold 200,000 shares of MDA Space 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. Also, Senior Officer David Snarch sold 18,000 shares of the business's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of C$28.20, for a total transaction of C$507,600.00. Corporate insiders own 12.60% of the company's stock.
About MDA Space
(
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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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