Tag: EC

  • Aerospace Stocks: Northrop Grumman Corporation (NYSE:NOC), Gencorp Inc (NYSE:GY), Textron Inc. (NYSE:TXT), Ecopetrol S.A. (ADR) (NYSE:EC), Micronet Enertec Technologies Inc (NASDAQ:MICT)

    Northrop Grumman Corporation (NYSE:NOC) has built and demonstrated a unique communications capability for the U.S. Department of Defense that enables fifth-generation aircraft to share information through existing data links with fourth-generation fighters to improve situational awareness and combat effectiveness. Northrop Grumman Corporation (NYSE:NOC) net profit margin is 8.40% and weekly performance is 2.20%. On last trading day company shares ended up $120.27. Analysts mean target price for the company is $130.29. Northrop Grumman Corporation (NYSE:NOC) distance from 50-day simple moving average (SMA50) is -0.39%.

    On May 19, Aerojet Rocketdyne (AR), a GenCorp Inc (NYSE:GY) company, and Dynetics are announcing a strategic partnership in Huntsville, Ala., to enhance collaboration in aerospace technologies and systems. Based on marked success supporting NASA’s Space Launch System (SLS) Advanced Booster Engineering Demonstration and/or Risk Reduction (ABEDRR) program, AR and Dynetics plan to expand the existing partnership to include: high-temperature, lightweight materials; next generation additive manufacturing technologies; in-space propulsion systems and high performance booster rocket engine systems. Gencorp Inc (NYSE:GY) shares fell -0.37% in last trading session and ended the day on $18.89. Gross Margin is 11.60% and its return on assets is 9.80%. Gencorp Inc (NYSE:GY) quarterly performance is 0.85%.

    On May 27, Textron Inc. (NYSE:TXT), an $11 billion multi-industry player, announced it will not restart production of the Hawker aircraft models. Also, the company does not intend to use the Hawker name in any of its current or future jets, at least, in the foreseeable future. Textron Inc. (NYSE:TXT) shares moved up 0.21% in last trading session and was closed at $39.09, while trading in range of $39.03 – $39.43. Textron Inc. (NYSE:TXT) year to date (YTD) performance is 6.40 %.

    On May 23, Ecopetrol SA (ADR) (NYSE:EC) has agreed to supply crude to a refinery that is due to come online in 2015. The facility will cost approximately US$ 1.5 billion and will have a processing capacity of 40 000 bpd. The plant will feed the domestic market with fuel and diluent to Ecopetrol. Ecopetrol S.A. (ADR) (NYSE:EC) ended the last trading day at $36.18. Company weekly volatility is calculated as 1.95% and price to cash ratio as 13.38. Ecopetrol S.A. (ADR) (NYSE:EC) showed a negative weekly performance of -2.90%.

    On May 19, Micronet Enertec Technologies, Inc. (NASDAQ:MICT) said its first quarter 2014 total revenue was USD5.6m, compared to USD10.4m in the first quarter of 2013. Gross profit was USD2.1m, compared to USD3.6m for the first quarter of 2013. Gross margin is 37 percent, compared to 35 percent in the first quarter of 2013. Micronet Enertec Technologies Inc (NASDAQ:MICT) net profit margin is -1.70% and weekly performance is -0.51%. On last trading day company shares ended up $3.90. Analysts mean target price for the company is $5.70. Micronet Enertec Technologies Inc (NASDAQ:MICT) distance from 50-day simple moving average (SMA50) is -11.04%.