MDA Space Ltd. (TSE:MDA) Director Michael Philip James Greenley Sells 200,000 Shares

MDA Space Ltd. (TSE:MDA) Director Michael Philip James Greenley sold 200,000 shares of the business’s stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of C$29.04, for a total value of C$5,807,400.00.

MDA Space Trading Down 2.1%

Shares of MDA opened at C$28.79 on Thursday. The stock has a fifty day moving average of C$26.20 and a two-hundred day moving average of C$26.57. The company has a debt-to-equity ratio of 34.94, a quick ratio of 1.00 and a current ratio of 0.83. The company has a market capitalization of C$3.51 billion, a PE ratio of 51.17 and a beta of 0.02. MDA Space Ltd. has a fifty-two week low of C$11.65 and a fifty-two week high of C$30.00.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Canaccord Genuity Group cut their price target on MDA Space from C$37.00 to C$36.00 and set a “buy” rating for the company in a report on Wednesday, May 21st. Scotiabank boosted their price target on MDA Space from C$28.50 to C$34.00 in a report on Monday, March 10th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, MDA Space presently has a consensus rating of “Buy” and a consensus price target of C$32.00.

MDA Space Company Profile

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.