Northrop Grumman Corporation (NOC) : During the past 4 weeks, traders have been relatively bearish on Northrop Grumman Corporation (NOC), hence the stock is down -2.47% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.39% relative to the S&P 500. The 4-week change in the price of the stock is -1.47% and the stock has fallen -0.34% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 0.09%. Northrop Grumman Corporation (NYSE:NOC): stock turned positive on Friday. Though the stock opened at $217.99, the bulls momentum made the stock top out at $218.45 level for the day. The stock recorded a low of $217 and closed the trading day at $218.21, in the green by 0.10%. The total traded volume for the day was 558,975. The stock had closed at $217.99 in the previous days trading.
The company Insiders own 0.9% of Northrop Grumman Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.6% . Institutional Investors own 82.32% of Northrop Grumman Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -28.52%. Also, Major Brokerage house, Jefferies maintains its ratings on Northrop Grumman Corporation (NYSE:NOC). In the latest research report, Jefferies raises the target price from $233 per share to $250 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on July 28, 2016.
Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.