Maxar Technologies Inc. (MAXR.TO) (TSE:MAXR) Trading 17.4% Higher

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Maxar Technologies Inc. (MAXR.TO) (TSE:MAXR) shares shot up 17.4% during trading on Thursday . The company traded as high as C$58.25 and last traded at C$58.00. 147,268 shares were traded during trading, an increase of 6% from the average session volume of 139,380 shares. The stock had previously closed at C$49.41.

Several equities analysts recently weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and set a C$51.00 target price on shares of Maxar Technologies Inc. (MAXR.TO) in a research report on Monday, January 4th. Raymond James raised their price target on Maxar Technologies Inc. (MAXR.TO) from C$23.00 to C$26.00 and gave the stock a “market perform” rating in a report on Friday, November 6th.

The firm has a fifty day simple moving average of C$44.00 and a 200-day simple moving average of C$34.65. The company has a current ratio of 0.81, a quick ratio of 0.63 and a debt-to-equity ratio of 269.64. The stock has a market cap of C$3.81 billion and a price-to-earnings ratio of 9.10.

Maxar Technologies Inc. (MAXR.TO) Company Profile (TSE:MAXR)

Maxar Technologies Inc provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through Earth Intelligence and Space Infrastructure segments. The Earth Intelligence segment offers Earth imagery and radar data solutions, including orthorectified imagery, mosaic, elevation, and information products; and SecureWatch, a subscription offering that provides online access to imagery and geospatial intelligence platform, as well as geospatial information, applications, and analytic services.

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