RADA Electronic Industries Ltd. (NASDAQ:RADA) traded at $11.59 at close of the session on Friday, July 2, made a downward move of -2.11% on its previous day’s price.
Looking at the stock we see that its previous close was $11.84 with the day’s price range being $11.42 – $11.90. The company has a trailing 12-month PE ratio of 57.38. In terms of its 52-week price range, RADA has a high of $14.80 and a low of $5.71. The company’s stock has gained about 3.57% over that past 30 days.
RADA Electronic Industries Ltd. has a market cap of $580.54 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the RADA stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the RADA Electronic Industries Ltd. (RADA) stock as a Hold, while 3 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -4.20% off its SMA20 and -4.03% from its 50-day simple moving average. The RSI (14) is pointing at 41.18 while the volatility over the past week is 3.40% and jumps to 3.99% over the past one month. The beta value is 1.04, while the average true range (ATR) is currently pointing at 0.46. The average price target for the stock over the next 12 months is $17.00, with the estimates having a low of $16.00 and a high of $19.00. These price ends are -38.05% and -63.93% off the current price level respectively, although investors could be excited at the prospect of a -42.36% if the RADA share price touches on the median price of $16.50.
Let’s briefly compare RADA Electronic Industries Ltd. (RADA) stock to its peers. We find that current price change of -2.11% and 77.22% over the past 12 months for RADA competes that of Lockheed Martin Corporation (LMT), which has seen its stock price rise 0.33% in the last trading session and was 5.38% over the last one year. Another of its peers Innovative Solutions and Support Inc. (ISSC) has gained 3.66% previous session, and was 45.30% up over the past year. RADA Electronic Industries Ltd. has a P/E ratio of 57.38 compared to Lockheed Martin Corporation’s 15.27 and Innovative Solutions and Support Inc.’s 33.38. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.75% and 0.44%, respectively, at close of the trading.
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Coming back to RADA Electronic Industries Ltd. (NASDAQ:RADA), we note that the average 3-month trading volume was 554.79K. Current shares outstanding are 45.14 million.
The insiders hold 49.10% of the company’s shares while institutions hold 55.20%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 18.87% up in year-to-date price movement.