Magellan Aerospace Co. (TSE:MAL – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$17.39 and traded as high as C$22.67. Magellan Aerospace shares last traded at C$22.64, with a volume of 21,284 shares.
Magellan Aerospace Price Performance
The company has a current ratio of 2.58, a quick ratio of 1.55 and a debt-to-equity ratio of 11.81. The firm’s 50-day moving average price is C$18.36 and its 200-day moving average price is C$17.39. The stock has a market capitalization of C$1.29 billion, a PE ratio of 28.66, a PEG ratio of -21.36 and a beta of 0.24.
Magellan Aerospace (TSE:MAL – Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.22 earnings per share for the quarter. Magellan Aerospace had a return on equity of 2.58% and a net margin of 2.09%.The company had revenue of C$255.67 million for the quarter. On average, equities analysts forecast that Magellan Aerospace Co. will post 0.9692308 EPS for the current fiscal year.
Magellan Aerospace Dividend Announcement
About Magellan Aerospace
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount.
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