What's Happening With These Aerospace and Defense Stocks? -- Micronet Enertec Technologies, RADA Electronic Industries, Textron, and Aerojet Rocketdyne
NEW YORK, Jan. 11, 2018
NEW YORK, Jan. 11, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on MICT, RADA, TXT, and AJRD which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com revisits the Major Diversified Aerospace Defense space, which includes industry heavyweights that are so big that they have diversified into areas other than defense, complementing huge military products and services businesses with even larger commercial wings. Under monitoring today are: Micronet Enertec Technologies Inc. (NASDAQ: MICT), RADA Electronic Industries Ltd (NASDAQ: RADA), Textron Inc. (NYSE: TXT), and Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD). All you have to do is sign up today for this free limited time offer by clicking the link below.
Micronet Enertec Technologies
On Wednesday, shares in New Jersey-based Micronet Enertec Technologies Inc. saw a decline of 2.50%, ending the day at $1.17. The stock recorded a trading volume of 259,717 shares. The Company's shares have advanced 13.59% in the last month and 40.12% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 17.04% and 16.38%, respectively. Moreover, shares of the Company, which develops, manufactures, integrates, and markets rugged computers, tablets, and computer-based systems and instruments for the commercial, defense, and aerospace markets in the US, Israel, and internationally, have a Relative Strength Index (RSI) of 55.47.
On January 02nd, 2018, Micronet Enertec Technologies ("MICT") announced that it has entered into a definitive agreement with Coolisys Technologies, Inc. ("Coolisys"), a subsidiary of DPW Holdings, Inc., to sell its wholly owned subsidiary, Enertec Systems 2001 Ltd ("Enertec"). Pursuant to the terms of the agreement, Coolisys will pay MICT $5,250,000 in cash upon closing (of which 10% will be held in escrow for up to 14 months) and assume $4,000,000 in Enertec bank debt, paying effectively a total of $9,250,000 for all of the latter's assets and liabilities. Get the full research report on MICT for free by clicking below at:
RADA Electronic Industries
Shares in Israel headquartered RADA Electronic Industries Ltd ended the day flat at $2.86 with a total trading volume of 397,973 shares. The stock has surged 125.20% over the past year. The Company's shares are trading above their 200-day moving average by 20.48%. Furthermore, shares of the Company, which develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide, have an RSI of 33.09. Today's complimentary research report on RADA is accessible at:
At the close of trading on Wednesday, shares in Rhode Island headquartered Textron Inc. finished 0.09% lower at $58.40 with a total trading volume of 570,878 shares. The stock has advanced 6.49% in the last month, 7.35% over the previous three months, and 16.94% over the past year. The Company's shares are trading above their 50-day and 200-day moving averages by 6.16% and 15.56%, respectively. Additionally, shares of Textron, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have an RSI of 69.97.
On December 18th, 2017, Bell Helicopter, a Textron company, announced that its V-280 Valor has achieved first flight. The V-280 Valor is a next-generation tiltrotor that is designed to provide unmatched agility, speed, range, and payload capabilities at an affordable cost. This milestone represents exceptional progress on the V-280 development program and brings the Company one step closer to creating the next generation of vertical lift aircraft for the U.S. military. Register now for your free research document on TXT at:
Aerojet Rocketdyne Holdings
California headquartered Aerojet Rocketdyne Holdings Inc.'s shares recorded a trading volume of 701,574 shares at the end of yesterday's session. The stock closed the day 0.50% lower at $31.81. The Company's shares have advanced 4.78% in the past month and 76.53% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.56% and 19.14%, respectively. Additionally, shares of Aerojet Rocketdyne, which designs, develops, manufactures, and sells aerospace and defense products and systems in the US, have an RSI of 56.95.
On December 13th, 2017, Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, and NASA completed hot-fire testing of an RS-25 rocket engine containing the former's largest additively manufactured component to date. Additive manufacturing, commonly known as 3-D printing, will help lower the cost of future missions of NASA's powerful Space Launch System heavy-lift rocket. Click on the link below and see our free report on AJRD at:
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