AJRD AJRD エアロジェット・ロケットダイン・ホ―ルディングス

Aerojet Rocketdyne Holdings Inc (AJRD) shares closed today at 0.6% below its 52 week high of $56.59, giving the company a market cap of $4B. The stock is currently up 0.4% year-to-date, up 51.9% over the past 12 months, and up 127.0% over the past five years. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 2.7%. Trading Activity Trading volume this week was 6.2% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -97.1% The company's stock price performance over the past 12 months beats the peer average by 2083.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 139.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

HUNTSVILLE, Ala., Feb. 27, 2023 (GLOBE NEWSWIRE) -- As company investments enable significant increases in production, Aerojet Rocketdyne has now delivered the 830,000th Attitude Control Motor (ACM) for Patriot missile system variants, including the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE).

Aerojet Rocketdyne has some upside left. AJRD stock could be a sell, since taking profits and deploying cash elsewhere might yield higher returns. Read more here.

HUNTSVILLE, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- In partnership with the Defense Advanced Research Projects Agency (DARPA), Air Force Research Laboratory (AFRL) and Lockheed Martin team, an advanced Aerojet Rocketdyne scramjet engine powered the recent flight (announced Jan. 30) of the Hypersonic Air-breathing Weapon Concept (HAWC). This is the second successful flight test for this team. Launched from a B-52, the test flight exceeded Mach 5 while traveling more than 300 nautical miles at altitudes exceeding 60,000 feet, accomplishing all primary test objectives. The goal of the DARPA HAWC program is to develop and demonstrate critical technologies to enable … Full story available on Benzinga.com

HUNTSVILLE, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- In partnership with the Defense Advanced Research Projects Agency (DARPA), Air Force Research Laboratory (AFRL) and Lockheed Martin team, an advanced Aerojet Rocketdyne scramjet engine powered the recent flight (announced Jan. 30) of the Hypersonic Air-breathing Weapon Concept (HAWC). This is the second successful flight test for this team.

https://www.investing.com/news/pro/aerojet-rocketdyne-ticks-higher-on-speculation-432SI-2878481

Source: zhengzaishuru / Shutterstock.com Denbury (NYSE: DEN ) stock is catching the attention of investors on Thursday following a report that the U.S. oil company is considering a strategic sale . According to this report, Denbury is currently working with an advisor to explore strategic options. This knowledge comes from anonymous insiders that spoke with Bloomberg yesterday. Investors in DEN stock looking for more information are out of luck right now. The company hasn’t made any official announcements about a strategic sale and is refusing to comment on the reports . Instead, it simply says it doesn’t “comment on speculation.” DEN Stock Already Weathered a Bankruptcy It’s worth noting that Denbury went through a rough patch once already back in 2020 . The company filed for bankruptcy in June of that year and exited just four months later in September. That resulted in it reducing its debt by $2.1 billion. With today’s reports, DEN stock is seeing heavy trading. As of this writing, over 850,000 shares of the stock have changed hands.

Source: Shutterstock Aerojet Rocketdyne (NYSE: AJRD ) stock is receiving some additional attention today on news that Elliott Investment Management recently purchased substantial equity in the rocket maker. Elliott now owns a 3.7% stake in AJRD stock, adding to the fund’s rolodex of acquisition interests. Known for being one of the only independent U.S. rocket makers left, Aerojet has been in flux this year. For one, the company underwent something of a civil war this past January when former Chairman Warren Lichtenstein attempted a hostile takeover via his hedge fund, Steel Partners (NYSE: SPLP ). This takeover ended in strife, as Lichtenstein and CEO Eileen Drake exchanged heated public missives slandering each other’s integrity and competency. Per a statement from Drake in May, Lichtenstein and Steel Partners have continued to pursue a takeover of Aerojet, even as Drake levies grave reprimands. This news also ended up leading the way for yet another failed Aerojet takeover attempt from Lockheed Martin (NYSE: LMT ) in February.

This Is What Hedge Funds Bought And Sold In Q2: Full 13F Summary While we already covered what may have been the most boring 13F of the second quarter, namely that of Berkshire Hathaway which saw very few changes with Warren Buffett merely adding to a few legacy positions and trimming a few others (full breakdown here)… ... as well as the most interesting one, that from Tiger Global which confirmed that the so-called hedge fund was nothing more than a paper-hands retail investor, dumping most of its biggest holdings just as the market troughed, and leaving the world''s most overrated tech fund missing on all of the recent market upside... ... we also have had quite a few hedge funds inbetween. Courtesy of Bloomberg here are the highlights of the just concluded 13F seasons: Risk off: Chase Coleman’s Tiger Global Management, Dan Sundheim’s D1 Capital and Michael Burry’s Scion Asset Management were among firms that continued to offload equities in the period. Tiger’s aggregate exposure to stocks dropped by about 55% to $11.8 billion.

Shares of Cardinal Health Inc. (NYSE: CAH) hit a new all-year high of $71.45 yesterday after activist hedge fund Elliott Management disclosed a large stake in the health care services company. Shares ended the day almost flat at $69.97 on August 15. Paul Singer-led Elliott nominated five candidates for the Cardinal’s Board about two weeks back. The last date for nominating directors ended on August 7. Although Elliott’s intention to invest in Cardinal is unknown, the activist hedge fund has also increased stakes in Aerojet Rocketdyne (AJRD), Pinterest (PINS), PayPal Holdings (PYPL), and Endeavor Group Holdings (EDR). Cardinal Health is one of the largest American medical products distributors.

Major players in the missiles market are BAE Systems, Lockheed Martin Corporation, Raytheon Technologies, Northrop Grumman Corporation, Boeing, Tactical Missiles Corporation, Aerojet Rocketdyne, Rafael Advanced Defense Systems Ltd, Avibras Industria Aerospecial SA, Israel Aerospace Industries, China Aerospace Science and Technology Corporation and General Dynamic. Major players in the missiles market are BAE Systems, Lockheed Martin Corporation, Raytheon Technologies, Northrop Grumman Corporation, Boeing, Tactical Missiles Corporation, Aerojet Rocketdyne, Rafael Advanced Defense Systems Ltd, Avibras Industria Aerospecial SA, Israel Aerospace Industries, China Aerospace Science and Technology Corporation and General Dynamic.

Chairman and CEO are at odds, as crucial rocket-engine maker charts course after sale to Lockheed Martin collapsed

U.S. stock indexes were set to rise on Friday as news of talks between the United States and Russia over tensions in Ukraine calmed investor nerves.

On February 1, 2022, the United States District Court for the Eastern District of California ruled that a False Claims Act (FCA) case against defense contractor Aerojet Rocketdyne…

Aerojet Rocketdyne Hldgs (NYSE: AJRD ) reported its Q4 earnings results on Friday, February 18, 2022 at 06:11 AM. Here''s what investors need to know about the announcement. Also check this out: U.S. Xpress Enterprises And 4 Other Penny Stocks Bought By Insiders . Earnings Aerojet Rocketdyne Hldgs missed estimated … Full story available on Benzinga.com