MAL - Channel trade2021-11-18
Markets are mixed, possibly turning bearish (near all time highs)
MAL has been performing well.
MAL entered channel trading (consolidation) starting March 5 2021
10.05 Bottom of channel
10.90 top of channel
Tested support at bottom 6x
tested top 5x ( This trade hoping for a 6th)
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0.62 CAD
35.49 M CAD
942.37 M CAD
11.83 M
About MAGELLAN AEROSPACE
Sector
Industry
CEO
Phillip Campion Underwood
Website
Headquarters
Mississauga
Founded
1996
FIGI
BBG000F1M8Z0
Magellan Aerospace Corp. engages in the provision of complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies. Its products include aero engines, aero structures, wire strike protection system, rockets, space, sand castings, power generation, and supporting materials. The company was founded on February 15, 1996 and is headquartered in Mississauga, Canada.
MAL: Magellan AerospaceMagellan Aerospace is a company based out of Ontario Canada that provides equipment and solutions to aerospace (civilian, military, space). It is presently trading at 7.14. Its 52 week high is 17.09.
Prior to Covid-19 this was a good long term pick and was doing quiet well.
I purchased a 100 at B
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MAL is 12.96 CAD — it has decreased by −0.15% in the past 24 hours. Watch MAGELLAN AEROSPACE stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TSX exchange MAGELLAN AEROSPACE stocks are traded under the ticker MAL.
MAL stock has risen by 5.62% compared to the previous week, the month change is a 4.60% rise, over the last year MAGELLAN AEROSPACE has showed a 60.20% increase.
We've gathered analysts' opinions on MAGELLAN AEROSPACE future price: according to them, MAL price has a max estimate of 19.00 CAD and a min estimate of 12.00 CAD. Watch MAL chart and read a more detailed MAGELLAN AEROSPACE stock forecast: see what analysts think of MAGELLAN AEROSPACE and suggest that you do with its stocks.
MAL stock is 1.24% volatile and has beta coefficient of 1.19. Track MAGELLAN AEROSPACE stock price on the chart and check out the list of the most volatile stocks — is MAGELLAN AEROSPACE there?
Today MAGELLAN AEROSPACE has the market capitalization of 741.66 M, it has increased by 9.38% over the last week.
Yes, you can track MAGELLAN AEROSPACE financials in yearly and quarterly reports right on TradingView.
MAGELLAN AEROSPACE is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
MAL earnings for the last quarter are 0.28 CAD per share, whereas the estimation was 0.14 CAD resulting in a 100.00% surprise. The estimated earnings for the next quarter are 0.20 CAD per share. See more details about MAGELLAN AEROSPACE earnings.
MAGELLAN AEROSPACE revenue for the last quarter amounts to 240.70 M CAD, despite the estimated figure of 230.92 M CAD. In the next quarter, revenue is expected to reach 248.23 M CAD.
MAL net income for the last quarter is 15.88 M CAD, while the quarter before that showed 5.84 M CAD of net income which accounts for 171.75% change. Track more MAGELLAN AEROSPACE financial stats to get the full picture.
Yes, MAL dividends are paid quarterly. The last dividend per share was 0.025 CAD. As of today, Dividend Yield (TTM)% is 0.77%. Tracking MAGELLAN AEROSPACE dividends might help you take more informed decisions.
MAGELLAN AEROSPACE dividend yield was 0.99% in 2024, and payout ratio reached 16.11%. The year before the numbers were 1.27% and 62.03% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 22, 2025, the company has 3.81 K employees. See our rating of the largest employees — is MAGELLAN AEROSPACE on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAGELLAN AEROSPACE EBITDA is 95.67 M CAD, and current EBITDA margin is 10.15%. See more stats in MAGELLAN AEROSPACE financial statements.
Like other stocks, MAL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAGELLAN AEROSPACE stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAGELLAN AEROSPACE technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAGELLAN AEROSPACE stock shows the buy signal. See more of MAGELLAN AEROSPACE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.