Sparton Corporation (NYSE:SPA) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: January 11, 2017
Boasting a price of $21.51, Sparton Corporation (NYSE:SPA) traded 0.09% higher on the day. With the last close down -8.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.04% over the date range. Sparton Corporation has recorded a 50-day average of $23.91 and a two hundred day average of $23.45. Volume of trade was down over the average, with 12,011 shares of SPA changing hands under the typical 65,056
Zacks Investment Research has upgraded Sparton Corporation (NYSE:SPA) to Hold in a statement released on 1/11/2017.
With a total market value of $0, Sparton Corporation has with a one year low of $11.19 and a one year high of $26.43 .
A total of 5 analysts have released a research note on SPA. Three analysts rating the company a strong buy, one analyst rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $23.60.
More About Sparton Corporation (NYSE:SPA)
Sparton Corporation is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. The Company operates through two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP). The Company serves the medical and biotechnology, military and aerospace, and industrial and commercial markets. Its products and services include offerings for original equipment manufacturers (OEM) and emerging technology (ET) customers, which utilize microprocessor-based systems, such as transducers, printed circuit boards and assemblies, and sensors, as well as development and design engineering services. It develops and manufactures sonobuoys, which are anti-submarine warfare (ASW) devices. The Company also manufactures rugged flat panel display systems for military panel personal computer workstations, air traffic control and industrial applications.
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