Martinrea International (TSE:MRE) Shares Pass Above 200 Day Moving Average – Here’s Why

Posted by Alanna Baker on Mar 5th, 2026

Martinrea International Inc. (TSE:MRE – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$10.36 and traded as high as C$10.58. Martinrea International shares last traded at C$10.50, with a volume of 127,310 shares trading hands.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped their target price on shares of Martinrea International from C$9.00 to C$11.00 in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Martinrea International has an average rating of “Buy” and an average price target of C$12.50.

Read Our Latest Report on MRE

Martinrea International Price Performance

The company has a current ratio of 1.21, a quick ratio of 0.68 and a debt-to-equity ratio of 75.06. The company has a market cap of C$767.91 million, a P/E ratio of -20.69, a P/E/G ratio of 0.82 and a beta of 1.58. The firm has a 50 day moving average of C$10.39 and a 200-day moving average of C$10.36.

Martinrea International (TSE:MRE – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported C$0.67 EPS for the quarter. Martinrea International had a negative net margin of 0.88% and a negative return on equity of 2.82%. The firm had revenue of C$1.19 billion during the quarter. On average, equities research analysts predict that Martinrea International Inc. will post 2.4988962 EPS for the current year.

About Martinrea International

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Martinrea International Inc is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea’s products is in North America.