MDA (OTC:MDALF) Stock Price Down 5.9% – Time to Sell?

MDA Ltd. (OTC:MDALFGet Free Report)’s share price dropped 5.9% on Tuesday . The stock traded as low as C$18.02 and last traded at C$18.14. Approximately 56,559 shares were traded during trading, an increase of 23% from the average daily volume of 45,981 shares. The stock had previously closed at C$19.27.

MDA Trading Down 5.9 %

The business has a fifty day simple moving average of C$17.83 and a two-hundred day simple moving average of C$17.57.

MDA Company Profile

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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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