MDA Space Ltd. (TSE:MDA) Senior Officer Guillaume Lavoie Buys 1,150 Shares

MDA Space Ltd. (TSE:MDA) Senior Officer Guillaume Lavoie acquired 1,150 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average cost of C$24.75 per share, for a total transaction of C$28,462.50.

MDA Space Stock Performance

Shares of MDA opened at C$26.11 on Friday. MDA Space Ltd. has a one year low of C$11.44 and a one year high of C$30.00. The company has a market cap of C$3.18 billion, a PE ratio of 46.41 and a beta of 0.02. The stock has a 50-day moving average of C$25.98 and a 200-day moving average of C$26.11. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Scotiabank lifted their target price on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday, March 10th. Citigroup upped their target price on MDA Space from C$26.00 to C$30.00 in a research report on Thursday, January 30th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat, MDA Space currently has a consensus rating of “Buy” and a consensus target price of C$31.43.

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.