Magellan Aerospace (MALJF) to Release Earnings on Wednesday

Magellan Aerospace (OTCMKTS:MALJF) will likely be posting its results before the market opens on Wednesday, March 18th. Analysts expect Magellan Aerospace to post earnings of $0.2075 per share and revenue of $192.0950 million for the quarter.

Magellan Aerospace Stock Performance

MALJF stock opened at $17.35 on Wednesday. The firm has a 50 day simple moving average of $15.73 and a 200 day simple moving average of $13.45. Magellan Aerospace has a 52 week low of $6.48 and a 52 week high of $18.44.

Analyst Ratings Changes

Separately, TD Securities reiterated a “buy” rating on shares of Magellan Aerospace in a research report on Monday, November 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Magellan Aerospace Company Profile

Magellan Aerospace is a global supplier of aerospace systems and components, specializing in the design, development and manufacture of aero-structures, engine products and landing gear. The company serves commercial and military customers, providing precision-machined parts and assemblies for airframes, flight control systems and propulsion systems. Magellan’s capabilities extend to advanced composites, sheet-metal fabrication, welding, heat treatment and complex assembly processes essential to modern aircraft production and maintenance.

In its Space & Defence division, Magellan Aerospace delivers satellite and space system components, launch vehicle hardware and missile avionics.