Linamar Co. (TSE:LNR – Get Free Report) insider Elliot Burger purchased 677 shares of the firm’s stock in a transaction on Monday, November 13th. The shares were acquired at an average price of C$57.39 per share, for a total transaction of C$38,853.03.
Linamar Stock Up 4.0 %
TSE LNR opened at C$59.78 on Thursday. The stock’s 50 day simple moving average is C$64.14 and its 200 day simple moving average is C$67.62. Linamar Co. has a one year low of C$56.78 and a one year high of C$78.89. The firm has a market cap of C$3.68 billion, a PE ratio of 7.78, a price-to-earnings-growth ratio of 1.12 and a beta of 1.48. The company has a debt-to-equity ratio of 32.87, a current ratio of 1.65 and a quick ratio of 0.75.
Linamar Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Tuesday, November 21st will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend is Monday, November 20th. Linamar’s payout ratio is presently 11.46%.
Analyst Ratings Changes
Linamar Company Profile
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified powered vehicle markets.
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