Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) is -1.64% lower on its value in year-to-date trading and has touched a low of $36.44 and a high of $56.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AJRD stock was last observed hovering at around $54.95 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $55.01, the stock is -1.64% and -1.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 0.11% at the moment leaves the stock 6.83% off its SMA200. AJRD registered 36.03% gain for a year compared to 6-month gain of 7.95%. The firm has a 50-day simple moving average (SMA 50) of $2.01 and a 200-day simple moving average (SMA200) of $25.56.
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The stock witnessed a -2.41% loss in the last 1 month and extending the period to 3 months gives it a -2.05%, and is -0.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.48% over the week and 0.36% over the month.
Aerojet Rocketdyne Holdings Inc. (AJRD) has around 5283 employees, a market worth around $4.46B and $2.29B in sales. Current P/E ratio is 60.45 and Fwd P/E is 24.75. Profit margin for the company is 3.20%. Distance from 52-week low is 50.98% and -3.15% from its 52-week high. The company has generated returns on investments over the last 12 months (10.50%).
Aerojet Rocketdyne Holdings Inc. (AJRD) Analyst Forecasts
The EPS is expected to shrink by -48.40% this year
Aerojet Rocketdyne Holdings Inc. (AJRD) Top Institutional Holders
The shares outstanding are 80.60M, and float is at 77.74M with Short Float at 7.52%.
Aerojet Rocketdyne Holdings Inc. (AJRD) Insider Activity
A total of 52 insider transactions have happened at Aerojet Rocketdyne Holdings Inc. (AJRD) in the last six months, with sales accounting for 13 and purchases happening 39 times. The most recent transaction is an insider sale by Drake Eileen P., the company’s CEO and President. SEC filings show that Drake Eileen P. sold 39,711 shares of the company’s common stock on Aug 11 at a price of $41.60 per share for a total of $1.65 million. Following the sale, the insider now owns 0.21 million shares.
Aerojet Rocketdyne Holdings Inc. (AJRD): Who are the competitors?
The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading 0.01% up over the past 12 months and Astrotech Corporation (ASTC) that is -28.06% lower over the same period. Northrop Grumman Corporation (NOC) is -7.98% down on the 1-year trading charts.