What’s Maxar Technologies Inc. (MAXR) Downside After Today’s Big Decline?

The stock of Maxar Technologies Inc. (NYSE:MAXR) is a huge mover today! The stock decreased 3.58% or $0.35 during the last trading session, reaching $9.28. About 1.50 million shares traded. Maxar Technologies Inc. (NYSE:MAXR) has declined 85.78% since September 13, 2018 and is downtrending. It has underperformed by 85.78% the S&P500.
The move comes after 6 months negative chart setup for the $580.48M company. It was reported on Sep, 13 by Barchart.com. We have $8.63 PT which if reached, will make NYSE:MAXR worth $40.63 million less.

Analysts await Maxar Technologies Inc. (NYSE:MAXR) to report earnings on October, 30. They expect $0.85 EPS, up 13.33 % or $0.10 from last year’s $0.75 per share. MAXR’s profit will be $53.17M for 2.73 P/E if the $0.85 EPS becomes a reality. After $0.24 actual EPS reported by Maxar Technologies Inc. for the previous quarter, Wall Street now forecasts 254.17 % EPS growth.

More notable recent Maxar Technologies Inc. (NYSE:MAXR) news were published by: Fool.com which released: “Maxar Technologies Stock Just Popped on J.P. Morgan’s Say-So – The Motley Fool” on September 10, 2019, also Globenewswire.com with their article: “Lawsuit for Investors in NYSE: MAXR shares against Maxar Technologies Ltd. announced by Shareholders Foundation – GlobeNewswire” published on April 22, 2019, Fool.ca published: “2 Canadian Companies Taking Innovation to the Next Level – The Motley Fool Canada” on September 12, 2019. More interesting news about Maxar Technologies Inc. (NYSE:MAXR) were released by: Finance.Yahoo.com and their article: “3 Stocks to Sell – Yahoo Finance” published on September 04, 2019 as well as Seekingalpha.com‘s news article titled: “MDA to make antennas for Airbus navigation satellite – Seeking Alpha” with publication date: September 11, 2019.

Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company has market cap of $580.48 million. The firm operates in two divisions, Communications, and Surveillance and Intelligence. It currently has negative earnings. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.

Maxar Technologies Inc. (NYSE:MAXR) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.