MDA Space Ltd. (TSE:MDA – Get Free Report) insider Guillaume Lavoie sold 1,500 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of C$52.63, for a total value of C$78,945.00. Following the sale, the insider owned 6,257 shares of the company’s stock, valued at approximately C$329,305.91. The trade was a 19.34% decrease in their ownership of the stock.
Guillaume Lavoie also recently made the following trade(s):
- On Wednesday, June 10th, Guillaume Lavoie sold 395 shares of MDA Space stock. The stock was sold at an average price of C$53.55, for a total value of C$21,152.25.
- On Friday, June 12th, Guillaume Lavoie sold 688 shares of MDA Space stock. The stock was sold at an average price of C$55.62, for a total value of C$38,266.56.
MDA Space Stock Performance
Shares of MDA Space stock opened at C$52.16 on Monday. The company has a market cap of C$7.24 billion, a P/E ratio of 65.20 and a beta of -0.53. The business has a 50-day moving average price of C$49.84 and a two-hundred day moving average price of C$39.39. The company has a current ratio of 0.80, a quick ratio of 1.00 and a debt-to-equity ratio of 20.62. MDA Space Ltd. has a 1-year low of C$20.85 and a 1-year high of C$67.90.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on MDA shares. Canaccord Genuity Group set a C$56.00 price objective on shares of MDA Space and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Scotia raised their price target on shares of MDA Space from C$53.00 to C$70.00 and gave the company a “sector outperform” rating in a research report on Thursday, May 28th. Scotiabank raised shares of MDA Space to a “strong-buy” rating in a research report on Thursday, March 19th. Jefferies Financial Group raised shares of MDA Space to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Desjardins raised their price target on shares of MDA Space from C$55.00 to C$66.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$57.40.
Check Out Our Latest Analysis on MDA Space
About MDA Space
Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission – bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that’s been in our DNA since day one.
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