Maxar Technologies (MAXR) Trading 5% Higher

Share on StockTwits

Shares of Maxar Technologies Ltd (TSE:MAXR) traded up 5% during mid-day trading on Friday . The stock traded as high as C$8.23 and last traded at C$8.16. 135,882 shares were traded during mid-day trading, a decline of 87% from the average session volume of 1,009,947 shares. The stock had previously closed at C$7.77.

A number of research firms recently weighed in on MAXR. National Bank Financial lowered shares of Maxar Technologies from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$45.00 to C$10.00 in a research report on Tuesday, January 8th. CIBC lowered shares of Maxar Technologies from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from C$69.00 to C$38.50 in a research report on Thursday, November 1st. Finally, BMO Capital Markets lowered their price target on shares of Maxar Technologies from C$76.00 to C$35.00 in a research report on Thursday, November 1st. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Maxar Technologies presently has an average rating of “Buy” and an average price target of C$52.75.

The stock has a market capitalization of $455.56 million and a price-to-earnings ratio of -1.23. The company has a debt-to-equity ratio of 187.79, a quick ratio of 0.77 and a current ratio of 0.94.

TRADEMARK VIOLATION NOTICE: This news story was posted by Fairfield Current and is the sole property of of Fairfield Current. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/02/10/maxar-technologies-maxr-trading-5-higher.html.

Maxar Technologies Company Profile (TSE:MAXR)

Maxar Technologies Ltd., a space and geospatial intelligence company, provides satellites, earth imagery, geospatial data, and analytics for the commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, payloads and antenna subsystems, space-based and airborne surveillance solutions, and associated ground infrastructure and support services for communications and surveillance and intelligence applications.

See Also: What does the Dow Jones Industrial Average (DJIA) measure?

Receive News & Ratings for Maxar Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxar Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply