Magellan Aerospace (TSE:MAL) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Posted by Stacy Sanders on Feb 6th, 2026

Magellan Aerospace Co. (TSE:MAL – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.67 and traded as high as C$19.63. Magellan Aerospace shares last traded at C$18.99, with a volume of 32,706 shares trading hands.

Magellan Aerospace Stock Down 3.8%

The stock has a market capitalization of C$1.08 billion, a price-to-earnings ratio of 24.04, a P/E/G ratio of -21.36 and a beta of 0.50. The business has a 50-day moving average of C$19.42 and a 200-day moving average of C$17.67. The company has a debt-to-equity ratio of 11.81, a quick ratio of 1.55 and a current ratio of 2.58.

Magellan Aerospace (TSE:MAL – Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported C$0.22 EPS for the quarter. Magellan Aerospace had a return on equity of 2.58% and a net margin of 2.09%.The company had revenue of C$255.67 million for the quarter. On average, sell-side analysts expect that Magellan Aerospace Co. will post 0.9692308 EPS for the current year.

Magellan Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.05 per share. The ex-dividend date was Wednesday, December 17th. This represents a $0.20 dividend on an annualized basis and a yield of 1.1%. Magellan Aerospace’s dividend payout ratio is 18.99%.

About Magellan Aerospace

(Get Free Report)

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount.