Magellan OTC Stock Today

MALJF -  USA Stock  

USD 7.98  0.14  1.72%

Magellan Aerospace is trading at 7.98 as of the 27th of November 2021, a -1.72 percent down since the beginning of the trading day. The stock's lowest day price was 7.98. Magellan Aerospace has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Magellan Aerospace C are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of September 2021 and ending today, the 27th of November 2021. Click here to learn more.
Market Performance
0 of 100
Odds Of Distress
Less than 43
Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine, and aero structure assemblies and components for the aerospace markets in Canada, the United States, Europe, and Asia. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada. The company has 57.73 M outstanding shares. More on Magellan Aerospace C
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Magellan Aerospace OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Magellan Aerospace's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magellan Aerospace or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company reported the revenue of 687.35 M. Net Loss for the year was (18.54 M) with profit before overhead, payroll, taxes, and interest of 77.8 M.
About 79.0% of the company outstanding shares are owned by corporate insiders
Legal NameMagellan Aerospace C
CEO and DirectorJames Butyniec  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Magellan Aerospace's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Magellan Aerospace C [MALJF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with current market capitalization of 473.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magellan Aerospace's market, we take the total number of its shares issued and multiply it by Magellan Aerospace's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Magellan Aerospace classifies itself under Industrials sector and is part of Aerospace & Defense industry. The entity has 57.73 M outstanding shares. Magellan Aerospace C has accumulated about 46.28 M in cash with 70.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Magellan Aerospace Probability Of Bankruptcy
Ownership
Magellan Aerospace maintains a total of fifty-seven million seven hundred thirty thousand outstanding shares. Magellan Aerospace C secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 78.51 % of Magellan Aerospace C outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Magellan Ownership Details

Magellan Stock Price Odds Analysis

What are Magellan Aerospace's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Magellan Aerospace jumping above the current price in 90 days from now is about 82.47%. The Magellan Aerospace C probability density function shows the probability of Magellan Aerospace otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Magellan Aerospace has a beta of 0.7307. This indicates as returns on the market go up, Magellan Aerospace average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Magellan Aerospace C will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Magellan Aerospace is significantly underperforming DOW.
 Odds Down 7.98HorizonTargetOdds Up 7.98 
17.33%90 days
 7.98 
82.47%
Based on a normal probability distribution, the odds of Magellan Aerospace to move above the current price in 90 days from now is about 82.47 (This Magellan Aerospace C probability density function shows the probability of Magellan OTC Stock to fall within a particular range of prices over 90 days) .

Magellan Aerospace Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Magellan Aerospace market risk premium is the additional return an investor will receive from holding Magellan Aerospace long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Magellan Aerospace. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Magellan Aerospace's alpha and beta are two of the key measurements used to evaluate Magellan Aerospace's performance over the market, the standard measures of volatility play an important role as well.

Magellan Stock Against Markets

Picking the right benchmark for Magellan Aerospace otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Magellan Aerospace otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Magellan Aerospace is critical whether you are bullish or bearish towards Magellan Aerospace C at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Magellan Aerospace without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Magellan Aerospace Corporate Directors

Magellan Aerospace corporate directors refer to members of a Magellan Aerospace board of directors. The board of directors generally takes responsibility for the Magellan Aerospace's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Magellan Aerospace's board members must vote for the resolution. The Magellan Aerospace board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Beth Bandler - Independent DirectorProfile
Steven Somerville - Independent DirectorProfile
William Davis - Independent DirectorProfile
William Dimma - Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the Magellan Aerospace information on this page should be used as a complementary analysis to other Magellan Aerospace's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Magellan Aerospace price analysis, check to measure Magellan Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
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Is Magellan Aerospace's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magellan Aerospace. If investors know Magellan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magellan Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Magellan Aerospace is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Magellan Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magellan Aerospace's market value can be influenced by many factors that don't directly affect Magellan Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magellan Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine Magellan Aerospace value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.