Aerospace Products & Services Stocks Under Scanner -- United Technologies, Boeing, Smith & Wesson, and Raytheon
NEW YORK, December 27, 2016 /PRNewswire/ --
Stock-Callers.com explores the Aerospace and Defense Products and Services segment, which is engaged in the production of commercial, military, and private aircrafts, as well as spacecrafts. The industry also includes manufacturers of military equipment such as tanks and related vehicles, bombs, missiles, associated navigational and guidance systems, artillery, ammunition, and other related weaponry. Equities in today's lineup are United Technologies Corp. (NYSE: UTX), The Boeing Co. (NYSE: BA), Smith & Wesson Holding Corp. (NASDAQ: SWHC), and Raytheon Co. (NYSE: RTN). You can access our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
United Technologies
Farmington, Connecticut headquartered United Technologies Corp.'s stock finished last Friday's session 0.17% higher at $110.65. A total volume of 1.30 million shares was traded. The Company's shares have advanced 2.35% in the past month, 8.90% in the previous three months, and 18.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.15% and 7.91%, respectively. Additionally, shares of United Technologies, which provides technology products and services to building systems and aerospace industries worldwide, have a Relative Strength Index (RSI) of 63.80.
On December 19th, 2016, Pratt & Whitney, a United Technologies' Company, announced that ANA has become the first Japanese carrier to take delivery of the Airbus A320neo, powered by the revolutionary technology in the PurePower Geared Turbofan (GTF) engine developed by Pratt & Whitney. Pratt & Whitney has announced and unannounced firm and option orders for the PurePower engine from more than 80 customers in more than 30 countries.
On December 19th, 2016, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Visit us today and download your complete report on UTX for free at:
http://stock-callers.com/registration/?symbol=UTX
Boeing
On Friday, shares in Chicago, Illinois headquartered The Boeing Co. ended the session 0.22% higher at $157.81. The stock recorded a trading volume of 2.13 million shares. The Company's shares have gained 5.39% in the last one month, 21.79% in the previous three months, and 12.83% on an YTD basis. The stock is trading 7.67% above its 50-day moving average and 18.25% above its 200-day moving average. Moreover, shares of Boeing, which together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide, have an RSI of 69.25.
On December 22nd, 2016, Boeing announced that it has delivered the 500th 787 Dreamliner, a 787-8 to Avianca, marking another milestone in the program's history. Since entering service in 2011, the 787 Dreamliner fleet has grown to include 48 operators, who have collectively flown 696,000 revenue flights, carrying 133 million passengers over 1.7 billion revenue miles. The complimentary research report on BA can be accessed at:
http://stock-callers.com/registration/?symbol=BA
Smith & Wesson
Springfield, Massachusetts-based Smith & Wesson Holding Corp.'s shares rose 2.36%, closing the session at $22.11 with a total trading volume of 1.16 million shares. The stock has gained 0.59% since the start of this year. Shares of the Company are trading 7.88% below their 50-day moving average. Additionally, shares of Smith & Wesson, which manufactures and sells firearm products and accessories, have an RSI of 46.32.
On December 13th, 2016, Smith & Wesson announced that its stockholders have overwhelmingly approved a change to the holding Company's name from Smith & Wesson Holding Corp. to American Outdoor Brands Corp. The name change pertains only to the holding corporation that acquired Smith & Wesson in 2001 and now owns Smith & Wesson Corp., Battenfeld Technologies, Inc., and Crimson Trace Corp., which represent the Company's firearms, manufacturing services, accessories, and electro-optics divisions. The name change will be effective on or about January 01st, 2017, at which time the Company will adopt the common stock trading symbol "AOBC" for its NASDAQ stock exchange listing. Register for free on Stock-Callers.com and download the PDF research report on SWHC at:
http://stock-callers.com/registration/?symbol=SWHC
Raytheon
Last Friday at the close, shares in Waltham, Massachusetts headquartered Raytheon Co. recorded a trading volume of 893,211 shares. The stock ended the session 0.01% lower at $143.30. The Company's shares have advanced 4.00% over the previous three months and 17.65% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.33% and 6.02%, respectively. Furthermore, shares of Raytheon, which develops technologically integrated products, services, and solutions worldwide, have an RSI of 45.25.
On December 21st, 2016, Raytheon announced that the US Navy awarded the Company a $32 million production contract for next-generation encryption devices to safeguard military tactical data transmissions across air, surface, subsurface, and ground assets. The Link Level Communication Security 7M encryptor, or LLC 7M, provides enhanced security for the Link 22 tactical radio system used by the US military and its allies. Get free access to your research report on RTN at:
http://stock-callers.com/registration/?symbol=RTN
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article