MDA Space Ltd. (TSE:MDA) Senior Officer Luigi Pozzebon Sells 8,000 Shares

MDA Space Ltd. (TSE:MDA) Senior Officer Luigi Pozzebon sold 8,000 shares of the firm’s stock in a transaction 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.

MDA Space Price Performance

MDA stock opened at C$33.14 on Thursday. The business’s fifty day moving average price is C$27.44 and its 200 day moving average price is C$26.80. MDA Space Ltd. has a 12-month low of C$11.78 and a 12-month high of C$33.28. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94. The company has a market capitalization of C$4.04 billion, a PE ratio of 58.90 and a beta of 0.02.

Analysts Set New Price Targets

MDA has been the topic of several recent analyst reports. Scotiabank upped their price target on MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Canaccord Genuity Group decreased their target price on shares of MDA Space from C$37.00 to C$36.00 and set a “buy” rating on the stock in a research report on Wednesday, May 21st. Finally, Desjardins lifted their price target on shares of MDA Space from C$38.00 to C$40.00 and gave the company a “buy” rating in a research report on Monday. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$32.89.

About MDA Space

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.