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Meggitt PLC (MEGGF)

Other OTC - Other OTC Delayed price. Currency in USD
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9.35-0.10 (-1.06%)
At close: 03:59PM EDT
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Trade prices are not sourced from all markets
Previous close9.45
BidN/A x N/A
AskN/A x N/A
Day's range9.35 - 9.35
52-week range9.35 - 11.82
Avg. volume50
Market cap7.58B
Beta (5Y monthly)1.67
PE ratio (TTM)935.00
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date19 Mar 2020
1y target estN/A
  • Reuters

    Strong aerospace demand lifts Meggitt's first-half revenue

    The London-based company, which supplies to both civil and military aerospace manufacturers including Boeing and Airbus, said revenue came in at 821 million pounds ($997.35 million) in the six-month period ended June 30, compared with 680 million pounds last year. Still, major aerospace companies have sounded the alarm on their supply chains with shortages of raw materials and components crimping the industry's ability to capitalise on roaring travel demand. Meggitt, which agreed to a 6.3 billion pound buyout offer from U.S peer Parker Hannifin Corp, reaffirmed its plan to close the deal by third quarter of 2022 after winning the approval of the European Commision and UK's antitrust earlier this year.

  • The Guardian

    UK government ‘minded to accept’ takeover of Meggitt by US buyer

    Parker Hannifin expects to complete £6.3bn move for British defence manufacturer within two months

  • Bloomberg

    Meggitt Gains as Britain Clears the Way for £6.3 Billion Takeover by Parker

    (Bloomberg) -- Meggitt Plc rose after Britain said national security concerns tied to the aerospace supplier’s agreed £6.3 billion ($7.7 billion) sale to US-based Parker-Hannifin Corp. have been allayed.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsStocks Finish Almost Flat in Teeter-Totter Session: Markets WrapFauci Suffers Covid Symptom Rebound After Course of Pfi