Martinrea International Inc. (TSE:MRE) Director Robert Peter Edward Wildeboer Buys 7,000 Shares

Martinrea International Inc. (TSE:MRE) Director Robert Peter Edward Wildeboer acquired 7,000 shares of Martinrea International stock in a transaction dated Friday, November 22nd. The stock was acquired at an average cost of C$10.02 per share, with a total value of C$70,140.00.

Martinrea International Price Performance

TSE:MRE opened at C$10.60 on Tuesday. The firm’s 50-day simple moving average is C$11.03 and its 200 day simple moving average is C$11.35. Martinrea International Inc. has a 52 week low of C$9.52 and a 52 week high of C$14.59. The company has a debt-to-equity ratio of 83.13, a quick ratio of 0.68 and a current ratio of 1.25. The firm has a market cap of C$792.99 million, a price-to-earnings ratio of 5.86, a P/E/G ratio of 0.82 and a beta of 2.08.

Analyst Ratings Changes

Several analysts recently commented on the company. TD Securities decreased their price target on Martinrea International from C$18.00 to C$13.00 in a research note on Wednesday, November 13th. BMO Capital Markets dropped their target price on Martinrea International from C$15.00 to C$13.00 in a research report on Thursday, November 14th. Finally, CIBC dropped their price objective on Martinrea International from C$17.00 to C$14.50 in a report on Thursday, November 14th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$15.75.

About Martinrea International

Martinrea International Inc engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches.