Edac Technologies Corporation (EDAC): Today's Featured Aerospace/Defense Winner
The
industry closed the day down 1.3%.
(
),
(
),
(
), and
TheStreet Recommends
(
) were all winners today within the aerospace/defense industry with
(
) being today's featured aerospace/defense winner. Edac Technologies Corporation rose 41 cents (5%) to $8.65 on average volume. Throughout the day, 39,250 shares of Edac Technologies Corporation exchanged hands as compared to its average daily volume of 34,900 shares.
EDAC Technologies Corporation provides design, manufacturing, and other services to the aerospace and industrial markets. Edac Technologies Corporation has a market cap of $37.5 million and is part of the
sector. The company has a P/E ratio of 25.3, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 143.8% year to date as of the close of trading on Monday.
TheStreet Ratings rates Edac as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Edac Ratings Report.
On the negative front,
(
),
Smith & Wesson Holding Corporation
(
),
(
), and
(
) were all losers within the aerospace/defense industry with
(
) being today's aerospace/defense industry Loser Spotlight stock.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
iShares DJ US Aerospace & Def Idx
(
) while those bearish on the aerospace/defense industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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