CAE Inc. (TSE:CAE - Get Free Report) NYSE: CAE shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$24.63 and traded as high as C$26.17. CAE shares last traded at C$26.01, with a volume of 385,801 shares changing hands.
Analysts Set New Price Targets
CAE has been the subject of a number of research reports. Desjardins lowered their price objective on CAE from C$29.00 to C$28.00 and set a "hold" rating for the company in a research report on Wednesday, July 17th. National Bankshares dropped their price target on shares of CAE from C$31.00 to C$29.00 and set an "outperform" rating for the company in a research note on Tuesday, July 30th. Canaccord Genuity Group reduced their price objective on shares of CAE from C$28.50 to C$27.00 in a research note on Thursday, August 15th. Royal Bank of Canada raised shares of CAE from a "hold" rating to a "moderate buy" rating in a report on Thursday, August 15th. Finally, BMO Capital Markets cut their price target on CAE from C$34.00 to C$33.00 in a research note on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of C$30.60.
Get Our Latest Report on CAE
CAE Trading Up 0.3 %
The business has a 50 day simple moving average of C$24.69 and a 200-day simple moving average of C$25.43. The stock has a market capitalization of C$8.32 billion, a price-to-earnings ratio of -24.39, a PEG ratio of 1.76 and a beta of 1.91. The company has a debt-to-equity ratio of 74.24, a current ratio of 0.89 and a quick ratio of 0.71.
CAE (TSE:CAE - Get Free Report) NYSE: CAE last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.20 by C$0.01. CAE had a negative return on equity of 7.43% and a negative net margin of 7.39%. The business had revenue of C$1.07 billion during the quarter, compared to analyst estimates of C$1.05 billion.
About CAE
(
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CAE Inc, together with its subsidiaries, provides simulation training and critical operations support solutions in Canada, the United States, the United Kingdom, Europe, Asia, Oceania and Africa, and Rest of Americas. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare.
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