Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Zacks Investment Research has downgraded Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) to Hold in a statement released on 10/11/2016.
On 9/27/2016, Zacks Investment Research released a statement on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) bumped up the target price from $0.00 to $20.00 that suggested an upside of 0.13%.
Boasting a price of $17.39, Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) traded -1.64% lower on the day. With the last close down -1.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Aerojet Rocketdyne Holdings, Inc. has recorded a 50-day average of $17.77 and a two hundred day average of $17.69. Trade Volume was down over the average, with 193,627 shares of AJRD changing hands under the typical 284,743
See Chart Below
Aerojet Rocketdyne Holdings, Inc. has a with a one year low of $13.98 and a one year high of $19.50 AJRD’s total market value is presently $0.
About Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD)
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates in two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the U.S. government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors, as well as for the commercial sector. This segment also offers propulsion systems, such as liquid, solid, air-breathing, and electric types of launch propulsion, in-space propulsion, missile defense propulsion, tactical missile propulsion, and hypersonic propulsion systems for defense and space applications; and armament systems for precision tactical systems and munitions serving military, civil, and commercial customers. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the companyÂ’s excess real estate assets. This segment owns approximately 11,500 acres of land adjacent to U.S. Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in Rancho Cordova, California.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.