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Tale of the Tape

Arotech Corporation (ARTX) saw a big move last session, as the company’s shares fell by nearly 17% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for ACI as the stock is now down over 40% since March 31.

This provider of defence and security products has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

Arotech currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the same sector include L-3 Communications Holdings Inc. (LLL - Analyst Report), Raytheon Co. (RTN - Analyst Report) and Northrop Grumman Corporation (NOC - Analyst Report). All these stocks hold a Zacks Rank #2 (Buy).

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