Somewhat Positive Press Coverage Somewhat Unlikely to Affect RADA Electronic Ind. (RADA) Share Price
News stories about RADA Electronic Ind. (NASDAQ:RADA) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RADA Electronic Ind. earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned press coverage about the aerospace company an impact score of 45.1748533588094 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, ValuEngine upgraded shares of RADA Electronic Ind. from a “hold” rating to a “buy” rating in a report on Friday, September 1st.
Shares of RADA Electronic Ind. (NASDAQ:RADA) traded up 3.21% during mid-day trading on Tuesday, reaching $3.22. 292,330 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $3.30 and a 200 day moving average price of $2.23. RADA Electronic Ind. has a 12-month low of $1.00 and a 12-month high of $3.85. The firm’s market capitalization is $71.39 million.
RADA Electronic Ind. (NASDAQ:RADA) last announced its quarterly earnings results on Thursday, August 10th. The aerospace company reported $0.02 earnings per share for the quarter. RADA Electronic Ind. had a net margin of 8.90% and a return on equity of 15.94%. The firm had revenue of $5.32 million during the quarter. Analysts anticipate that RADA Electronic Ind. will post $1.00 EPS for the current fiscal year.
About RADA Electronic Ind.
RADA Electronic Industries Ltd. is an aviation and defense company. The Company develops, manufactures and sells defense electronics, including, avionics solutions (including avionics for unmanned aerial vehicles (UAVs)), airborne data/video recording and management systems, inertial navigation systems and tactical land radars for defense forces and border protection systems.
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