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

MDA Space Ltd. (TSE:MDA) Director Michael Philip Greenley sold 9,700 shares of the business’s 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 value 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 Stock Up 0.4 %

TSE MDA opened at C$28.50 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 45.79. The company has a market cap of C$3.42 billion, a price-to-earnings ratio of 74.92 and a beta of 0.02. The company has a 50 day moving average of C$24.04 and a 200-day moving average of C$17.38. MDA Space Ltd. has a 1-year low of C$10.65 and a 1-year high of C$29.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Desjardins upgraded shares of MDA Space to a “moderate buy” rating in a report on Wednesday, October 30th. BMO Capital Markets raised MDA Space from a “market perform” rating to an “outperform” rating and lifted their price target for the company from C$15.00 to C$28.00 in a research note on Monday, November 4th. Cormark upped their price objective on MDA Space from C$31.00 to C$38.00 in a research report on Wednesday. Royal Bank of Canada lifted their target price on MDA Space from C$28.00 to C$30.00 in a research report on Wednesday, November 20th. Finally, Canaccord Genuity Group raised their price target on shares of MDA Space from C$30.00 to C$34.00 in a research note on Friday. Four 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 a consensus target price 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.