The stock has been active on the tape, now trading at $132.42, up from yesterday's close by 0.13%.
Investors wait Orbital ATK Inc (NYSE:OA) to report on November, 2. its quarterly earnings This translates into $89.89M profit for OA giving the stock a 21.22 P/E. Orbital ATK has a 1-year low of $71.52 and a 1-year high of $133.39. However the price at the close of last session was 4.07% higher than its 50-day moving average and 11.61% over its 200-day moving average. The price includes $7.8 billion in cash and the assumption of $1.4 billion in debt.
More notable recent Northrop Grumman Corporation (NYSE:NOC) news were published by: Reuters.com which released: "Northrop Grumman nears deal to purchase Orbital ATK: source" on September 17, 2017, also Expressnews.com with their article: "Northrop Grumman prepares for more cyber work in San Antonio" published on September 13, 2017, Benzinga.com published: "Orbital ATK Up 20% On News Of Northrop Grumman Deal" on September 18, 2017. Iridian Asset Management LLC CT now owns 1,903,390 shares of the aerospace company's stock worth $187,217,000 after purchasing an additional 100,824 shares during the last quarter. Orbital ATK had a net margin of 6.11% and a return on equity of 15.62%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.12 billion. Indeed, 27 percent of its revenues previous year were "restricted" and secret. Next quarter's EPS is expected be $1.83 and the next full year EPS is projected to be $6.71.
ILLEGAL ACTIVITY WARNING: This story was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this report on another site, it was illegally copied and republished in violation of global copyright and trademark legislation. Orbital ATK, Inc. announced a dividend paid on Thursday the 22nd of June 2017. Amp Invsts invested in 6,200 shares or 0% of the stock. The dividend was $0.320 per share for the quarter or $1.28 annualized.
In other news, insider Frank L. Jr. Culbertson sold 2,002 shares of Orbital ATK stock in a transaction dated Friday, August 4th.More news: Upbeat Roy Hodgson sees shards of light for Crystal Palace
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The volume of the particular stock is the shares bought and sold in a single trading day.
In other news, VP Thomas E. Mccabe sold 400 shares of the business's stock in a transaction on Friday, July 28th. The stock was sold at an average price of $101.91, for a total transaction of $20,382.00. That suggests something of the likelihood of a short squeeze in shares of OA.
"The agreement reflects the tremendous value that Orbital ATK has created for our customers, our shareholders and our employees", David Thompson, Orbital ATK president and chief executive officer said at the conference call. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.
Several hedge funds and other institutional investors have recently made changes to their positions in OA. BlackRock Inc. raised its stake in Orbital ATK by 1.3% during the second quarter. Vanguard Group Inc. now owns 4,752,439 shares of the aerospace company's stock worth $465,739,000 after buying an additional 227,516 shares during the period. Graticule Asia Macro Advisors LLC expanded its stake by buying 2,900 shares an increase of 1.6% as of 06/30/2017. The value of the investment in Orbital ATK, Inc. increased from $12,849,000 to $23,118,000 a change of $10,269,000 for the reporting period. CENTRAL TRUST Co lifted its holdings in Orbital ATK by 9.6% during the 2nd quarter. Graticule Asia Macro Advisors LLC now owns 186,600 shares worth $18,354,000.