Linamar Corporation (TSX:LNR) stock finished trading at +1.83%, bringing the stock price to $48.88 on the Toronto Stock Exchange. The stock price saw a low of $48.06 and a high of $49.30.
The company’s stock was traded 1,325 times with a total of 168,213 shares traded.
Linamar Corporation has a market cap of $3.19 billion, with 65.32 million shares in issue.
Linamar Corp makes powertrains and drivelines for vehicle and power generation markets and operates under two business segments: Powertrain/Driveline and Industrial. In its powertrain/driveline segment, the company develops and manufactures precision metallic components, modules and systems used in vehicles and power generation machines. The industrial segment is focused on mobile industrial equipment, including aerial work platforms and telehandlers. Linamar generates the majority of its revenue in its powertrain/driveline segment. The three largest customers account for nearly half of total revenue.
