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Alliant Techsystems (ATK) Jumps: Stock Rises 8.5%
January 13, 2014

ATK ORB ATRO

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Alliant Techsystems Inc. (ATK - Analyst Report) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply in Friday’s trade from the volatile price range of $120.03 to $122.08 in the past one month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Alliant currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Investors interested in the Aerospace-Defence Equipment industry may consider stocks like Elbit Systems Ltd. , Orbital Sciences Corp. (ORB - Snapshot Report) and Astronics Corporation (ATRO - Snapshot Report). While Elbit and Orbital carry a Zacks Rank #1, Astronics has a Zacks Rank #2 (Buy).

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