Mediagrif Interactive Technologies (TSE:MDF) Hits New 52-Week Low at $5.21
Mediagrif Interactive Technologies Inc (TSE:MDF) shares reached a new 52-week low on Wednesday . The company traded as low as C$5.21 and last traded at C$5.60, with a volume of 7580 shares trading hands. The stock had previously closed at C$5.31.
MDF has been the topic of several analyst reports. Laurentian dropped their price target 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 cut their price objective 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 firm has a market capitalization of $77.22 million and a PE ratio of -3.08. 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 stock has a 50-day moving average price of C$5.84 and a 200-day moving average price of C$8.41.
In other Mediagrif Interactive Technologies news, Director Gilles Laporte bought 14,500 shares of the business’s stock in a transaction on Monday, August 26th. The shares were bought at an average cost of C$5.80 per share, with a total value of C$84,100.00. Following the transaction, the director now directly owns 95,500 shares in the company, valued at approximately C$553,900. Also, Senior Officer Paul Bourque bought 4,000 shares of Mediagrif Interactive Technologies stock in a transaction dated Thursday, June 27th. The shares were 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 owns 29,076 shares in the company, valued at approximately C$209,347.20. Insiders have acquired a total of 23,750 shares of company stock worth $142,685 over the last 90 days.
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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