Notable Stock to Watch: Northrop Grumman Corporation (NYSE:NOC)
Northrop Grumman Corporation (NYSE:NOC) changed 0.04% to recent value of $369.14. The stock transacted 652840 shares during most recent day however it has an average volume of 849.42K shares. It spotted trading -2.17% off 52-week high price. On the other end, the stock has been noted 65.07% away from the low price over the last 52-weeks.
On Aug.21, 2019, The board of directors of Northrop Grumman Corporation (NYSE:NOC) released a quarterly dividend of $1.32 per share on Northrop Grumman common stock, payable Sept. 25, 2019, to shareholders of record as of the close of business Sept. 9, 2019.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide.
NOC has a gross margin of 21.60% and an operating margin of 12.10% while its profit margin remained 10.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained 0.30% for this year while earning per share for the next 5-years is expected to reach at 7.90%.
The company has 169.7M of outstanding shares and 168.37M shares were floated in the market. According to the most recent quarter its current ratio was 1.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 3.03% from the mean of 20 days, 10.14% from mean of 50 days SMA and performed 26.68% from mean of 200 days price. Company’s performance for the week was 2.14%, 13.94% for month and YTD performance remained 50.73%.
Roy Frigo an avid economist and an expert on global politics and economic pressures that can affect market conditions. He has a Masters Degree in Economics from Westminster University with previous roles including Investment Banking.
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