Industrial Goods Review: Smith & Wesson (NASDAQ:SWHC) Shots Misses Targets, Boeing (NYSE:BA) Facing Booking Cancelations

  on Dec 10,2012 Posted in Business News ,Featured
 
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Smith & Wesson (NASDAQ:SWHC) plunged heavily on fears circling around the firm’s growth following a huge post-election buildup. Rumor regarding increased gun sales took a pause in past weeks, forcing the stock up to $10.85 just before Smith & Wesson’s recent quarterly earnings.

Smith & Wesson Holding Corporation (NASDAQ:SWHC) moved down -8.57% with the closing price of $9.92. The overall volume in the last trading session was 13.28 million shares. Its fifty two week range was $3.15-$11.25. The total market capitalization remained $649.74 million.

SWHC is ahead of its 52 week low with 225.25% and its last month’s price volatility remained 5.68%. Its beta coefficient was 1.33 with a target price of $12.50. SWHC has institutional ownership remained 73.06%. Company’s current year earnings per share grew with 215.21% while the five years EPS growth rate was +5.04%.

Boeing Co. (NYSE:BA) has been lumbered with five annulled bookings for its 747-8 freighter model, as per reported by a news of the Seattle Times.

Dubai Aerospace Enterprise annulled its bookings for the airplanes this week, which the Times stated is a mirror of how hard the country of Dubai was affected by the global financial chaos.

In last trading session, The Boeing Company (NYSE:BA) reported the gain of +0.89% to close at $74.64 and its overall traded volume was 3.71 million shares, lower than the average volume of 4.87 million.

BA has earnings per share of $5.67 with the net profit margin of 5.46% and operating margin of 7.95%.

General Electric Co (NYSE:GE) is close to an agreement to purchase Italy’s Avio, a privately held airplane parts supplier, according to people closely related with the issue on Friday.

General Electric is in pole situation; it’s operating on the details of the agreement, a person closely attached with the matter stated but refused to be identified.

General Electric Company (NYSE:GE) surged +0.42% and closed at $21.46 in last trading session. The overall traded volume was 33.27 million shares. Stock’s52 weeks high price was $23.18 and 52 weeks low price was $16.25.

In its share capital GE has 10.49billion outstanding shares while 10.48billion shares have been floated in market. Company’s current year earnings per share grew with 7.36% while the five years EPS growth rate was -8.01%.

Gafisa SA (ADR) (NYSE:GFA) has now dropped about -32.15% from its record high price level. It closed at $4.60, trading 21.33% above its 200 day moving average and 20.66% above its 20 day moving average. Latest close brings its distance from its 52-week low at +124.39%. The stock has a market value is $995.62 billion.

As of latest close, Ingersoll-Rand PLC (NYSE:IR) shares are up about 61.65% for 2012 and recently topped out a 52-week high of $49.31 (Dec 07, 2012). It stands 66.00% above 52-week low. The shares advanced above the 200-Day SMA ($44.15) and are now sitting 5.23% above 50-day SMA. The performance measured for the month was +3.95% and weekly performance appeared at -0.18%.

 

 



 

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