Galappatthige covers the Communication Services sector, focusing on stocks such as BCE, Cogeco Communications, and Rogers Communication. According to TipRanks, Galappatthige has an average return of 2.4% and a 48.04% success rate on recommended stocks.
In a report released on June 8, Desjardins also maintained a Buy rating on the stock with a $66.00 price target.
Based on MDA Space Ltd’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$464.1 million and a net profit of C$29.6 million. In comparison, last year the company earned a revenue of C$351 million and had a net profit of C$32.9 million
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MDA in relation to earlier this year.
