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Strength Seen in Aerojet Rocketdyne (AJRD): Stock Soars 14.3%
August 07, 2017

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Aerojet Rocketdyne Holdings, Inc. (AJRD - Free Report) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 24.6% in the past one-month time frame.

The move came after the company reported solid second quarter 2017 results.

The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Aerojet Rocketdyne currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Aerospace - Defense Equipment industry is Ducommun Incorporated (DCO - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is AJRD going up? Or down? Predict to see what others think: Up or Down

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Ducommun Incorporated (DCO) - free report >>

Aerojet Rocketdyne Holdings, Inc. (AJRD) - free report >>


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