Martinrea International Inc (MRE) Insider Peter Cirulis Purchases 2,000 Shares

Martinrea International Inc (TSE:MRE) insider Peter Cirulis bought 2,000 shares of Martinrea International stock in a transaction on Wednesday, November 28th. The stock was acquired at an average price of C$8.10 per share, for a total transaction of C$16,200.00.

Peter Cirulis also recently made the following trade(s):

  • On Friday, September 28th, Peter Cirulis acquired 2,850 shares of Martinrea International stock. The stock was purchased at an average cost of C$10.31 per share, with a total value of C$29,383.50.

Shares of TSE MRE traded up C$0.21 during trading on Friday, reaching C$10.74. The stock had a trading volume of 206,551 shares, compared to its average volume of 223,694. Martinrea International Inc has a fifty-two week low of C$10.46 and a fifty-two week high of C$17.50. The company has a quick ratio of 0.79, a current ratio of 1.34 and a debt-to-equity ratio of 63.56.

A number of equities research analysts have recently weighed in on MRE shares. TD Securities dropped their price objective on Martinrea International from C$20.00 to C$18.50 and set a “buy” rating for the company in a research note on Thursday, August 2nd. Royal Bank of Canada lifted their price objective on Martinrea International from C$23.00 to C$24.00 and gave the company an “outperform” rating in a research note on Friday, August 10th. Finally, CIBC lifted their price objective on Martinrea International from C$17.00 to C$20.00 in a research note on Thursday, September 13th.

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About Martinrea International

Martinrea International Inc designs, engineers, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. The company offers aluminum products, including engine blocks, oil pans, cam carriers, camshaft and transmission housings, sub frames, knuckles, control arms, longitudinal and cross members, shock towers, components for electric vehicles, fabrication and modules, and aluminum plates and coils.

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Insider Buying and Selling by Quarter for Martinrea International (TSE:MRE)

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