Magellan Aerospace Corporation

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Magellan Aerospace Corporation (MAL) Price Performance

Magellan Aerospace Corporation (MAL) trades on Toronto Stock Exchange in CAD. The company is classified in the Industrials sector under the Aerospace & Defense industry. The stock currently trades at CAD21.54, down 6.51% from the previous close.

Over the past year, MAL has traded between a low of CAD11.29 and a high of CAD25.32. The stock has gained 62.2% over this period. It is currently 14.9% below its 52-week high.

Magellan Aerospace Corporation has a market capitalization of $1.41B, with a price-to-earnings ratio of 31.14 and a dividend yield of 0.61%.

About Magellan Aerospace Corporation

Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. It also designs, engineers, and manufactures assemblies and components, such as stage rocket motors, solid propellant rocket motors, and rocket weapon systems; wire strike protection systems for helicopter safety; space solutions, including small satellite bus platforms and satellite subsystem equipment, as well as offers services for satellite assembly, integration, and testing; and aluminum and magnesium alloy sand castings, such as engine mounted accessory gearbox housings, helicopter power transmission housings, auxiliary power unit inlet and gearbox housings, engine front inlet and intermediate cases, engine front frames and fan cases, pump and accessory drive housings, and environmental control housings. Magellan Aerospace Corporation was incorporated in 1996 and is based in Mississauga, Canada.