Magellan Aerospace (MALJF) Expected to Announce Earnings on Thursday

Magellan Aerospace (OTCMKTS:MALJF) will likely be issuing its resultson Thursday, May 7th. Analysts expect the company to announce earnings of $0.2420 per share and revenue of $201.0610 million for the quarter.

Magellan Aerospace Price Performance

MALJF remained flat at $18.41 during trading on Monday. 1,642 shares of the company traded hands, compared to its average volume of 2,578. Magellan Aerospace has a 12-month low of $10.08 and a 12-month high of $20.24. The company has a 50 day simple moving average of $17.22 and a 200 day simple moving average of $14.83.

About Magellan Aerospace

Magellan Aerospace is a global supplier of aerospace systems and components, specializing in the design, development and manufacture of aero-structures, engine products and landing gear. The company serves commercial and military customers, providing precision-machined parts and assemblies for airframes, flight control systems and propulsion systems. Magellan’s capabilities extend to advanced composites, sheet-metal fabrication, welding, heat treatment and complex assembly processes essential to modern aircraft production and maintenance.

In its Space & Defence division, Magellan Aerospace delivers satellite and space system components, launch vehicle hardware and missile avionics.