Orbital ATK (OA) has been under a strong bear grip, hence the stock is down -1.59% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.24% in the past 1 week. The stock has risen by 2.4% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.12% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.37% and the 50-Day Moving Average is 2.3%.The 200 Day SMA reached 8.91%
Orbital ATK (NYSE:OA): After opening at $75.58, the stock dipped to an intraday low of $75.09 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $76.7299 and the buying power remained strong till the end. The stock closed at $76.23 for the day, a gain of 1.03% for the day session. The total traded volume was 773,854. The stocks close on the previous trading day was $76.23.
Orbital ATK (OA) : The highest level Orbital ATK (OA) is projected to reach is $100 for the short term and the lowest estimate is at $76. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $92.67 and the possibility the share price can swing is $9.91.
Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.