Updates on Aerospace and Defense Stocks -- Textron, Northrop Grumman, Raytheon, Taser Intl., and L-3 Communications
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LONDON, August 11, 2014 /PRNewswire/ --
On Friday, Aug 08, 2014, the NASDAQ Composite ended at 4,370.90, up 0.83%, the Dow Jones Industrial Average finished the session at 16,553.93, up 1.13% and the S&P 500 closed at 1,931.59, up 1.15%. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Industrials Sector Index ended the day 1.40% higher at 449.47, while the index has declined 3.50% in the previous one month. Investor-Edge has initiated coverage on the following equities: Textron Inc. (NYSE: TXT), Northrop Grumman Corp. (NYSE: NOC), Raytheon Co. (NYSE: RTN), Taser International Inc. (NASDAQ: TASR), and L-3 Communications Holdings Inc. (NYSE: LLL). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Textron Inc.'s stock gained 3.21% on Friday, closing the session at $37.31. A total of 1.55 million shares were traded, which was near its three months average volume of 1.67 million shares. The stock moved between $36.12 and $37.32 during the session. Textron Inc.'s stock has advanced 2.14% in the previous three trading sessions and 1.50% from the beginning of 2014. However, the company's shares have edged lower by 0.08% in the last one month. The company's stock is trading below its 50-day moving average. The stock's 50-day moving average of $38.36 is above its 200-day moving average of $36.64. Furthermore, Textron Inc.'s stock traded at a PE ratio of 19.33 and has a Relative Strength Index (RSI) of 48.58. Sign up and read the free notes on TXT at:
http://www.Investor-Edge.com/TXT-11Aug2014
Shares in Northrop Grumman Corp. recorded a trading volume of 1.26 million shares, which was above its three months average volume of 1.03 million shares. On Friday, the stock finished the day at $122.86, which was 2.13% higher its previous day's closing of $120.30, and registered an intraday range of $120.54 and $122.96. Shares of the company traded at a PE ratio of 13.59. Shares in Northrop Grumman Corp. have gained 2.55% in the last one month and 7.20% on YTD basis, while the company's shares have declined 0.17% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages of $122.58 and $117.95, respectively. Further, Northrop Grumman Corp.'s stock has an RSI of 48.46. The complimentary notes on NOC can be downloaded as in PDF format at:
http://www.Investor-Edge.com/NOC-11Aug2014
On Friday, Raytheon Co.'s stock advanced 2.44%, closing the day at $91.61. The stock recorded a trading volume of 1.45 million shares, which was close to its three months average volume of 1.50 million shares. The stock oscillated between $89.61 and $91.66 during the session. Shares in Raytheon Co. have gained 0.04% in the previous three trading sessions and 1.00% on YTD basis. However, the company's shares are down 0.27% in the last one month. Raytheon Co.'s shares are trading below their 50-day and 200-day moving averages of $94.40 and $93.14, respectively. Additionally, the stock traded at a PE ratio of 14.07 and has an RSI of 45.27. Register for free on Investor-Edge and access the latest research on RTN at:
http://www.Investor-Edge.com/RTN-11Aug2014
Taser International Inc.'s stock fluctuated between $12.02 and $12.43 before ending the session 1.64% higher at $12.38. On Friday, the stock reported a trading volume of 0.83 million shares, below its three months average volume of 1.02 million shares. The stock traded at a PE ratio of 35.65. Over the previous three trading sessions and in the last one month, Taser International Inc.'s stock has advanced 6.36% and 8.88%, respectively, while the stock has fallen by 22.04% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $12.58 and $15.78, respectively. Additionally, Taser International Inc.'s shares have an RSI of 53.38. The complete research on TASR is available for free at:
http://www.Investor-Edge.com/TASR-11Aug2014
On Friday, shares in L-3 Communications Holdings Inc. advanced 3.11%, closing the day at $104.75. The stock recorded a trading volume of 1.02 million shares, which was above its three months average volume of 0.98 million shares. The stock oscillated between $102.01 and $104.85 during the session. Shares of the company traded at a PE ratio of 12.14. Shares in L-3 Communications Holdings Inc. have declined 0.08% in the previous three trading sessions and 12.15% in the last one month. Moreover, the company's shares have fallen by 1.97% on YTD basis. Shares in L-3 Communications Holdings Inc. are trading below their 50-day and 200-day moving averages of $119.63 and $112.37, respectively. Moreover, the stock has an RSI of 30.06. Free in depth research on LLL is available at:
http://www.Investor-Edge.com/LLL-11Aug2014
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