MDA Space Ltd. (TSE:MDA - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$30.28 and last traded at C$30.27, with a volume of 78951 shares traded. The stock had previously closed at C$29.56.
Wall Street Analyst Weigh In
A number of research analysts recently commented on MDA shares. Canaccord Genuity Group lowered their price objective on MDA Space from C$37.00 to C$36.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Scotiabank increased their price target on MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$32.00.
View Our Latest Stock Analysis on MDA
MDA Space Stock Performance
The firm has a market capitalization of C$3.65 billion, a PE ratio of 53.13 and a beta of 0.02. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00. The firm has a fifty day moving average price of C$26.43 and a 200 day moving average price of C$26.60.
Insider Buying and Selling
In other news, Senior Officer Guillaume Lavoie purchased 1,150 shares of MDA Space stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average cost of C$24.75 per share, for a total transaction of C$28,462.50. Also, Senior Officer David Snarch sold 18,000 shares of MDA Space stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of C$28.20, for a total value of C$507,600.00. Company insiders own 12.60% of the company's stock.
MDA Space Company Profile
(
Get Free Report)
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.
See Also
Before you consider MDA Space, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MDA Space wasn't on the list.
While MDA Space currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
