Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) shares, rose in value on Thursday, March 06, with the stock price down by -3.34% to the previous day’s close as strong demand from buyers drove the stock to $26.88.
Actively observing the price movement in the last trading, the stock closed the session at $27.81. The PE ratio was 252.16 over 12-month period. Referring to stock’s 52-week performance, its high was $35.66, and the low was $16.78. On the whole, KTOS has fluctuated by -21.82% over the past month.
With the market capitalization of Kratos Defense & Security Solutions Inc currently standing at about $4.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.28B, with a low estimate of 285M and a high estimate of 301M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 292.25M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KTOS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 13.56, with the price of KTOS currently trading nearly -3.36% and -9.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.26, while the 7-day volatility ratio is showing 5.27% which for the 30-day chart, stands at 5.03%. Furthermore, Kratos Defense & Security Solutions Inc (KTOS)’s beta value is 1.09, and its average true range (ATR) is 1.37.
A comparison of Kratos Defense & Security Solutions Inc (KTOS) with its peers suggests the former has fared considerably weaker in the market. KTOS showed an intraday change of -3.34% in last session, and over the past year, it grew by 49.33%%.
Data on historical trading for Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) indicates that the trading volumes over the past 3 months, they’ve averaged 2.01 million. According to company’s latest data on outstanding shares, there are 151.09 million shares outstanding.
Nearly 2.39% of Kratos Defense & Security Solutions Inc’s shares belong to company insiders and institutional investors own 88.62% of the company’s shares. The stock has risen by 1.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KTOS stock heading into the next quarter.
