Magellan Aerospace (TSE:MAL – Get Free Report) had its price objective boosted by equities researchers at TD Securities from C$18.00 to C$19.00 in a report released on Monday,BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 73.52% from the stock’s previous close.
Magellan Aerospace Price Performance
Shares of TSE:MAL traded up C$0.25 during trading on Monday, reaching C$10.95. The company had a trading volume of 21,879 shares, compared to its average volume of 9,412. The company has a fifty day moving average of C$9.95 and a two-hundred day moving average of C$10.02. 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 stock has a market capitalization of C$605.80 million, a P/E ratio of 31.33, a price-to-earnings-growth ratio of -21.36 and a beta of 1.11. Magellan Aerospace has a 12 month low of C$7.77 and a 12 month high of C$11.05.
About Magellan Aerospace
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