RADA Electronic Ind. (RADA) Upgraded to C by TheStreet
Separately, ValuEngine upgraded shares of RADA Electronic Ind. from a hold rating to a buy rating in a report on Friday, September 1st.
Shares of RADA Electronic Ind. (NASDAQ RADA) traded down $0.10 during midday trading on Wednesday, reaching $3.12. 191,104 shares of the company’s stock traded hands, compared to its average volume of 349,979. The company has a quick ratio of 1.73, a current ratio of 3.00 and a debt-to-equity ratio of 0.24. RADA Electronic Ind. has a 1-year low of $1.00 and a 1-year high of $3.85. The company has a market cap of $97.74, a price-to-earnings ratio of 81.50 and a beta of 0.31.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Essex Investment Management Co. LLC bought a new position in RADA Electronic Ind. in the 3rd quarter worth $493,000. Analyst IMS Investment Management Services Ltd. bought a new position in shares of RADA Electronic Ind. in the 2nd quarter worth about $247,000. Finally, Commonwealth Equity Services Inc bought a new position in shares of RADA Electronic Ind. in the 3rd quarter worth about $149,000. Institutional investors and hedge funds own 4.66% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This report was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/rada-electronic-ind-rada-upgraded-to-c-by-thestreet/1737433.html.
About RADA Electronic Ind.
RADA Electronic Industries Ltd. is an aviation and defense company. The Company develops, manufactures and sells defense electronics, including, avionics solutions (including avionics for unmanned aerial vehicles (UAVs)), airborne data/video recording and management systems, inertial navigation systems and tactical land radars for defense forces and border protection systems.
Receive News & Ratings for RADA Electronic Ind. Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RADA Electronic Ind. Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.