MDA Space Ltd. (TSE:MDA - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$36.01 and last traded at C$35.77, with a volume of 61805 shares. The stock had previously closed at C$34.52.
Analyst Ratings Changes
Several research firms have recently commented on MDA. Desjardins boosted their price objective on MDA Space from C$38.00 to C$40.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Scotiabank boosted their price target on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Finally, Canaccord Genuity Group lowered 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 report on Wednesday, May 21st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, MDA Space presently has a consensus rating of "Buy" and a consensus target price of C$32.89.
Check Out Our Latest Analysis on MDA Space
MDA Space Trading Up 1.7%
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 firm has a market capitalization of C$4.28 billion, a P/E ratio of 62.40 and a beta of 0.02. The firm has a 50 day simple moving average of C$27.84 and a two-hundred day simple moving average of C$26.86.
Insider Buying and Selling at MDA Space
In other news, Senior Officer Luigi Pozzebon sold 8,000 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of C$32.02, for a total value of C$256,160.00. Also, Director Michael Philip James Greenley sold 200,000 shares of the stock in a transaction that occurred 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. Insiders sold 306,000 shares of company stock valued at $9,024,768 in the last quarter. 12.60% of the stock is owned by company insiders.
About MDA Space
(
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.
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