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)
Key stats
Market capitalization
403.721MCAD
Dividends yield (FY)
1.42%
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−0.38CAD
About MAGELLAN AEROSPACE
ISIN
CA5589122004
Sector
Electronic Technology
Industry
Aerospace & Defense
Website
magellan.aero
CEO
Phillip Campion Underwood
Headquarters
Mississauga
Employees
3.5K
Founded
1996
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
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0