Closing Bell: Linamar Corp up on Friday (LNR)

In market activity today, Linamar Corp shares closed at $None after opening the day at $64.54. It traded at a low of $64.54 to a high of $65.57.

The price raised 0.81 percent from the previous day's close of $64.53.

During the day across North America, the TSX Composite closed 0.46% at 21119.21, the S&P 500 closed 1.25% at 4906.19, the Dow Jones Industrial Average closed 0.97% at 38519.84 and the Nasdaq Composite closed 1.30% at 15361.64.

Linamar Corp has listed on the Toronto Stock Exchange (TSX) under the ticker LNR.

Trading volume was 87,413 on 724 total trades, with an average volume of 68,335 over 5 days.

The TSX overall saw 1,923 price advancers against 3,243 declines and 118 unchanged.

During the prior 52 weeks, LNR.TO has traded as high as $78.89 (August 03,2023) and low as $56.78 (November 13,2023). Moreover, in the last 12 months, Linamar Corp's shares have dipped -11.62 percent, while in 2024, they have advanced 1.53%.

It announced a 0.22 dividend on November 08/23, with an November 20/23 ex-date and December 01/23 pay day.

Following today's trading, Linamar Corp has a market capitalization of $3.97 billion on a float of 61,528 shares outstanding. Its annual EPS is $7.97.

Linamar Corp is a TSX Auto Parts company headquartered in Guelph, CAN.

Linamar Corp is holding an average recommendation of "Strong Buy" from 5.00 analysts according to Zacks. From those 5 analysts, 4 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..