MDA (OTC:MDALF) Stock Price Up 1.2% – Time to Buy?

MDA Ltd. (OTC:MDALFGet Free Report) shares rose 1.2% during mid-day trading on Wednesday . The stock traded as high as C$21.92 and last traded at C$21.82. Approximately 41,212 shares were traded during trading, a decline of 46% from the average daily volume of 76,568 shares. The stock had previously closed at C$21.56.

MDA Trading Up 1.2%

The stock’s 50-day simple moving average is C$18.22 and its 200-day simple moving average is C$24.24.

About MDA

(Get Free Report)

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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