1 week Ago By Defense World Staff
Magellan Aerospace Co. ( TSE:MAL – Get Free Report )’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.
76 and traded as high as C$10.20. Magellan Aerospace shares last traded at C$10.
05, with a volume of 4,145 shares changing hands. Analyst Ratings Changes Separately, TD Securities lifted their target price on Magellan Aerospace from C$17.00 to C$18.
00 and gave the stock a “buy” rating in a report on Thursday, November 7th. View Our Latest Research Report on MAL Magellan Aerospace Stock Down 0.6 % Magellan Aerospace ( TSE:MAL – Get Free Report ) last posted its earnings results on Tuesday, November 5th.
The company reported C$0.10 earnings per share for the quarter. Magellan Aerospace had a return on equity of 2.
30% and a net margin of 1.88%. As a group, sell-side analysts expect that Magellan Aerospace Co.
will post 0.9692308 EPS for the current year. Magellan Aerospace Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st.
Investors of record on Tuesday, December 31st were given a $0.025 dividend. This represents a $0.
10 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend was Tuesday, December 17th.
Magellan Aerospace’s payout ratio is currently 33.33%. Magellan Aerospace Company Profile ( Get Free Report ) Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.
The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. See Also Five stocks we like better than Magellan Aerospace Investing in Construction Stocks Why Energy Transfer Stock Could Soar to New Highs in 2025 Mastering Discipline: Overcoming Emotional Challenges In Trading 3 Buy-and-Hold Stocks for Long-Term Growth 3 Best Fintech Stocks for a Portfolio Boost Despite Short-Term Risks Freeport McMoran Worth a Look Receive News & Ratings for Magellan Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magellan Aerospace and related companies with MarketBeat.com's FREE daily email newsletter .
.
