Magellan Aerospace (MALJF) Expected to Announce Earnings on Thursday

Magellan Aerospace (OTCMKTS:MALJF) will likely be posting its resultson Thursday, May 7th. Analysts expect Magellan Aerospace to post earnings of $0.2420 per share and revenue of $201.0610 million for the quarter.

Magellan Aerospace Stock Performance

Shares of MALJF stock remained flat at $18.41 on Monday. 1,642 shares of the company traded hands, compared to its average volume of 2,578. Magellan Aerospace has a 1-year low of $10.08 and a 1-year high of $20.24. The firm’s fifty day moving average price is $17.22 and its two-hundred day moving average price is $14.83.

About Magellan Aerospace

Magellan Aerospace is a global supplier of aerospace systems and components, specializing in the design, development and manufacture of aero-structures, engine products and landing gear. The company serves commercial and military customers, providing precision-machined parts and assemblies for airframes, flight control systems and propulsion systems. Magellan’s capabilities extend to advanced composites, sheet-metal fabrication, welding, heat treatment and complex assembly processes essential to modern aircraft production and maintenance.

In its Space & Defence division, Magellan Aerospace delivers satellite and space system components, launch vehicle hardware and missile avionics.