Technical Snapshots for These Aerospace and Defense Stocks -- RADA Electronic Industries, Aerojet Rocketdyne, Northrop Grumman, and Textron
NEW YORK, Nov. 08, 2017 /PRNewswire/ --
If you want a Stock Review on RADA, AJRD, NOC, or TXT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com has issued research reports on RADA Electronic Industries Ltd (NASDAQ: RADA), Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD), Northrop Grumman Corp. (NYSE: NOC), and Textron Inc. (NYSE: TXT). These companies operate in the Major Diversified Aerospace Defense space, which includes industry heavyweights that acquire smaller aerospace and defense companies as well as component parts manufactured by their smaller brethren. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register/
RADA Electronic Industries
Shares in Netanya, Israel headquartered RADA Electronic Industries Ltd saw a drop of 1.16%, ending Tuesday's trading session at $3.40. The stock recorded a trading volume of 232,087 shares. The Company's shares have surged 75.26% over the last three months and 193.10% on an YTD basis. The stock is trading 5.33% and 73.53% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide, have a Relative Strength Index (RSI) of 55.13.
On October 16th, 2017, RADA Electronic Industries announced that its Multi-mission Hemispheric Radar (MHR), which was purchased by Lockheed Martin in 2015 and is used since then in the development and testing of the ATHENA High-Energy Laser, took part in recent tests, which proved that the system can deliver decisive lethality against unmanned aerial vehicle threats. The MHR is used by the system to perform aerial surveillance, detect the aerial threats, and cue the ATHENA optics to the aerial targets. Visit us today and access your complete report on RADA for free at: http://dailystocktracker.com/registration/?symbol=RADA
Aerojet Rocketdyne Holdings
El Segundo, California headquartered Aerojet Rocketdyne Holdings Inc.'s stock declined 0.76%, closing the day at $29.97. A total volume of 1.11 million shares was traded, which was above their three months average volume of 953,790 shares. The Company's shares have advanced 9.78% in the previous three months and 66.96% since the start of this year. The stock is trading 22.73% above its 200-day moving average. Additionally, shares of the Company, which designs, develops, manufactures, and sells aerospace and defense products and systems in the US, have an RSI of 42.41.
On October 23rd, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'.
On November 03rd, 2017, Eileen Drake, CEO and President of Aerojet Rocketdyne, Inc., a subsidiary of Aerojet Rocketdyne Holdings, was presented with the CEO of the Year Award from the Federal Law Enforcement Foundation in honor of her service to the nation as a US Army aviator and as a leader in the aerospace and defense sectors. The complimentary research report on AJRD can be accessed at: http://dailystocktracker.com/registration/?symbol=AJRD
Northrop Grumman
On Tuesday, shares in Falls Church, Virginia-based Northrop Grumman Corp. recorded a trading volume of 418,538 shares. The stock ended the day 0.48% higher at $303.31. The Company's shares have advanced 3.22% in the past month, 11.06% in the previous three months, and 30.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.33% and 16.94%, respectively. Furthermore, shares of Northrop Grumman, which provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance to government and commercial customers worldwide, have an RSI of 67.28.
On October 26th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $324 a share to $347 a share.
On November 01st, 2017, Northrop Grumman announced that it will participate in the Baird 2017 Global Industrial Conference on November 08th, 2017. Ken Bedingfield, corporate vice president and chief financial officer, and Steve Movius, Corporate Vice President and Treasurer, will present at 10:00 a.m. ET. The presentation will be webcast live on the Company's website. Register for free on DailyStockTracker.com and download the research report on NOC at: http://dailystocktracker.com/registration/?symbol=NOC
Textron
Providence, Rhode Island headquartered Textron Inc.'s stock declined 0.28%, finishing yesterday's session at $54.28 with a total trading volume of 781,880 shares. The Company's shares have advanced 10.48% in the previous three months and 11.78% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.06% and 10.86%, respectively. Additionally, shares of Textron, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have an RSI of 57.36.
On October 25th, 2017, Textron's Board of Directors declared a quarterly dividend of $0.02 per share on the Company's common stock. All dividends will be paid on January 01st, 2018, to shareholders of record as of December 15th, 2017. Get free access to your research report on TXT at: http://dailystocktracker.com/registration/?symbol=TXT
--
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 DST. DST 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
DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/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: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article