MDA (OTC:MDALF) Shares Down 2.7% – Time to Sell?

MDA Ltd. (OTC:MDALF) shares traded down 2.7% during mid-day trading on Tuesday . The company traded as low as C$20.05 and last traded at C$20.09. 15,223 shares traded hands during trading, a decline of 12% from the average session volume of 17,297 shares. The stock had previously closed at C$20.64.

MDA Stock Down 2.7 %

The stock’s fifty day moving average price is C$17.19 and its 200 day moving average price is C$12.63.

MDA Company Profile

MDA Space Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.