MDA (OTC:MDALF) Trading Up 0.3% – Here’s Why

Shares of MDA Ltd. (OTC:MDALFGet Free Report) rose 0.3% on Wednesday . The company traded as high as C$20.58 and last traded at C$20.51. Approximately 26,602 shares traded hands during trading, an increase of 48% from the average daily volume of 18,021 shares. The stock had previously closed at C$20.45.

MDA Price Performance

The company’s fifty day simple moving average is C$18.92 and its 200 day simple moving average is C$13.91.

MDA Company Profile

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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.

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