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.
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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.
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