MDA (OTC:MDALF) Stock Price Down 5.1% – Here’s What Happened

MDA Ltd. (OTC:MDALFGet Free Report)’s stock price was down 5.1% during trading on Friday . The stock traded as low as C$17.10 and last traded at C$17.66. Approximately 43,003 shares were traded during mid-day trading, an increase of 169% from the average daily volume of 15,959 shares. The stock had previously closed at C$18.61.

MDA Stock Down 5.1 %

The stock has a fifty day moving average of C$14.59 and a 200 day moving average of C$11.43.

About MDA

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MDA Space 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.

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