Linamar Co. (TSE:LNR) Director Mark Stoddart purchased 133,900 shares of the company’s stock in a transaction on Wednesday, January 8th. The stock was bought at an average cost of C$45.38 per share, for a total transaction of C$6,076,382.00. Following the acquisition, the director now directly owns 163,067 shares of the company’s stock, valued at approximately C$7,399,980.46.
LNR stock traded up C$0.09 during mid-day trading on Tuesday, reaching C$47.44. 96,745 shares of the stock traded hands, compared to its average volume of 233,401. The company has a current ratio of 2.02, a quick ratio of 1.30 and a debt-to-equity ratio of 59.13. Linamar Co. has a 52-week low of C$35.33 and a 52-week high of C$53.64. The company has a market cap of $3.09 billion and a P/E ratio of 6.17. The stock’s fifty day moving average is C$47.38 and its 200-day moving average is C$43.94.
Linamar (TSE:LNR) last released its earnings results on Wednesday, November 6th. The company reported C$1.50 earnings per share for the quarter. The firm had revenue of C$1.74 billion during the quarter. Equities research analysts expect that Linamar Co. will post 7.2199994 earnings per share for the current year.
Linamar Company Profile
Linamar Corporation manufactures and sells precision metallic components, modules, and systems in Canada, the Rest of North America, the Asia Pacific, Mexico, and Europe. It operates through two segments, Industrial and Transportation. The company offers hybrid power units, power transfer units, rear drive units/modules, and engineered gears; and shaft and shell assemblies, differential assemblies, transmission gears, clutch modules, center housings, transmission/driveline shafts, transfer case pump housings, and other transmission components.
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