MDA (OTC:MDALF) Stock Price Up 0.9% – Here’s Why

MDA Ltd. (OTC:MDALFGet Free Report) rose 0.9% during trading on Thursday . The stock traded as high as C$20.01 and last traded at C$19.85. Approximately 33,271 shares were traded during mid-day trading, an increase of 36% from the average daily volume of 24,512 shares. The stock had previously closed at C$19.67.

MDA Price Performance

The company has a 50-day moving average price of C$19.60 and a 200-day moving average price of C$14.95.

About MDA

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MDA Space Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.

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