Mediagrif Interactive Technologies (TSE:MDF) Sets New 52-Week Low at $5.21
Mediagrif Interactive Technologies Inc (TSE:MDF)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$5.21 and last traded at C$5.60, with a volume of 7580 shares traded. The stock had previously closed at C$5.31.
Several research analysts recently weighed in on MDF shares. Laurentian cut their target price on shares of Mediagrif Interactive Technologies from C$10.00 to C$8.50 in a research note on Wednesday, August 7th. National Bank Financial reduced their target price on shares of Mediagrif Interactive Technologies from C$12.00 to C$8.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 7th.
The business’s 50-day moving average price is C$5.84 and its two-hundred day moving average price is C$8.41. The company has a debt-to-equity ratio of 23.05, a current ratio of 1.39 and a quick ratio of 0.99. The firm has a market cap of $77.22 million and a price-to-earnings ratio of -3.08.
In other Mediagrif Interactive Technologies news, Director Gilles Laporte acquired 14,500 shares of the stock in a transaction dated Monday, August 26th. The stock was acquired at an average price of C$5.80 per share, with a total value of C$84,100.00. Following the completion of the transaction, the director now directly owns 95,500 shares in the company, valued at C$553,900. Also, Senior Officer Paul Bourque bought 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was acquired at an average price of C$7.20 per share, with a total value of C$28,800.00. Following the completion of the purchase, the insider now directly owns 29,076 shares of the company’s stock, valued at approximately C$209,347.20. Insiders acquired a total of 23,750 shares of company stock valued at $142,685 over the last quarter.
About Mediagrif Interactive Technologies (TSE:MDF)
Mediagrif Interactive Technologies Inc, through its subsidiaries, provides e-commerce solutions to private sector businesses, public sector organizations, and consumers in Canada, the United States, Asia, Europe, and internationally. Its e-business networks and solutions allow buyers and sellers to find, purchase, and sell products and services; help contractors and vendors access information on business opportunities from the government and private sectors; and offer professionals with automated and integrated business solutions to streamline the supply chain.
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