Magellan Aerospace Co. (OTCMKTS:MALJF – Get Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $23.59 and traded as high as $24.81. Magellan Aerospace shares last traded at $24.81, with a volume of 6,402 shares trading hands.
Magellan Aerospace Stock Performance
The firm has a 50 day simple moving average of $23.59 and a two-hundred day simple moving average of $21.08.
Magellan Aerospace Company Profile
Magellan Aerospace Corporation is a Canadian aerospace manufacturer that designs, engineers and produces complex components and assemblies for the global aerospace industry. Its customers include major aircraft and engine manufacturers, as well as suppliers serving commercial, defense and space markets.
The company’s products and services include aeroengine components, structural assemblies, aerostructures, precision-machined parts, aluminum and titanium castings, forgings and specialty aerospace systems.
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