Shares of Magellan Aerospace Co. (OTCMKTS:MALJF – Get Free Report) traded up 2.6% during mid-day trading on Tuesday. The company traded as high as $22.47 and last traded at $22.47. 2,070 shares were traded during mid-day trading, a decline of 50% from the average session volume of 4,165 shares. The stock had previously closed at $21.9022.
Magellan Aerospace Price Performance
The firm has a 50-day moving average of $24.56 and a 200 day moving average of $22.47.
Magellan Aerospace Company Profile
Magellan Aerospace Corporation is a Canadian aerospace manufacturer headquartered in Mississauga, Ontario. The company designs, engineers and manufactures components, assemblies and systems for the global aerospace industry, serving commercial aircraft, military aircraft and space programs.
Its products and services include aero-engine components, aerostructures, aircraft systems, complex assemblies, precision-machined parts, forgings, castings and fabricated components. Magellan also provides specialized manufacturing capabilities such as fabrication, assembly, surface treatment and other value-added aerospace services.
Magellan Aerospace operates through facilities in Canada, the United States, the United Kingdom and other international locations.
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