Michael Philip Greenley Sells 9,700 Shares of MDA Space Ltd. (TSE:MDA) Stock

MDA Space Ltd. (TSE:MDA) Director Michael Philip Greenley sold 9,700 shares of MDA Space stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$28.60, for a total transaction of C$277,420.00.

Michael Philip Greenley also recently made the following trade(s):

• On Sunday, September 22nd, Michael Philip Greenley sold 175,000 shares of MDA Space stock. The shares were sold at an average price of C$16.64, for a total transaction of C$2,911,632.50.

MDA Space Trading Up 0.4 %

TSE:MDA opened at C$28.50 on Friday. The stock has a market cap of C$3.42 billion, a price-to-earnings ratio of 75.00 and a beta of 0.02. MDA Space Ltd. has a one year low of C$10.65 and a one year high of C$29.98. The company has a debt-to-equity ratio of 45.79, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50-day simple moving average is C$24.26 and its 200 day simple moving average is C$17.53.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on MDA shares. Ci Capital upped their price target on shares of MDA Space from C$15.00 to C$26.00 in a research report on Monday, November 18th. Royal Bank of Canada increased their target price on MDA Space from C$28.00 to C$30.00 in a research note on Wednesday, November 20th. Cormark raised their target price on MDA Space from C$31.00 to C$38.00 in a report on Wednesday. Desjardins upgraded MDA Space to a “moderate buy” rating in a report on Wednesday, October 30th. Finally, Scotiabank lifted their price objective on shares of MDA Space from C$29.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday. Four analysts have rated the stock with a buy rating, According to MarketBeat, MDA Space has an average rating of “Buy” and an average price target of C$31.50.

About MDA Space

MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.