Magellan Aerospace (MALJF) to Release Quarterly Earnings on Thursday

Magellan Aerospace (OTCMKTS:MALJF) is anticipated to announce its resultson Thursday, May 7th. Analysts expect the company to announce earnings of $0.2420 per share and revenue of $201.0610 million for the quarter.

Magellan Aerospace Stock Up 5.4%

MALJF traded up $1.00 during trading on Wednesday, reaching $19.41. The stock had a trading volume of 950 shares, compared to its average volume of 2,555. Magellan Aerospace has a one year low of $10.16 and a one year high of $20.24. The business has a 50-day moving average of $17.29 and a 200-day moving average of $14.88.

Magellan Aerospace Company Profile

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.