MDA (OTC:MDALF) Trading Up 0.3% – Should You Buy?

MDA Ltd. (OTC:MDALFGet Free Report)’s share price traded up 0.3% on Wednesday . The company traded as high as C$20.58 and last traded at C$20.51. 26,602 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 18,021 shares. The stock had previously closed at C$20.45.

MDA Price Performance

The firm’s 50 day simple moving average is C$18.92 and its 200-day simple moving average is C$13.91.

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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