MDA Ltd. (OTC:MDALF – Get Free Report)’s stock price shot up 3.3% during mid-day trading on Monday . The stock traded as high as C$19.28 and last traded at C$19.19. 140,723 shares changed hands during trading, an increase of 172% from the average session volume of 51,652 shares. The stock had previously closed at C$18.57.
MDA Stock Performance
The firm’s fifty day moving average price is C$17.88 and its 200-day moving average price is C$16.67.
About MDA
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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