JPMorgan Chase & Co. continued to hold its position in Ability Inc. (NASDAQ:ABIL) during the first quarter, Holdings Channel reports. The institutional investor owned 1,043,000 shares of the technology company’s stock at the end of the first quarter. JPMorgan Chase & Co.’s holdings in Ability were worth $2,065,000 at the end of the most recent quarter.

Ability Inc. (NASDAQ:ABIL) opened at 1.04 on Monday. The firm has a 50 day moving average price of $0.94 and a 200 day moving average price of $2.03. The company’s market cap is $26.79 million. Ability Inc. has a 12-month low of $0.57 and a 12-month high of $5.66.

COPYRIGHT VIOLATION WARNING: “JPMorgan Chase & Co. Has $2,065,000 Position in Ability Inc. (NASDAQ:ABIL)” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and reposted in violation of international copyright & trademark law. The legal version of this article can be accessed at https://www.watchlistnews.com/jpmorgan-chase-co-has-2065000-position-in-ability-inc-nasdaqabil/1443716.html.

Several research analysts have issued reports on ABIL shares. Zacks Investment Research cut Ability from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 19th. FBR & Co cut Ability from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $9.00 to $1.30 in a report on Monday, April 17th.

Ability Company Profile

Ability Inc is a holding company. The Company operates through its subsidiaries, Ability Computer & Software Industries Ltd. and Ability Security Systems Ltd., which provide interception, geolocation and cyber intelligence tools for security and intelligence agencies, military forces, law enforcement agencies and homeland security agencies around the world.

Want to see what other hedge funds are holding ABIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ability Inc. (NASDAQ:ABIL).

Receive News & Ratings for Ability Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ability Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.