Woodward Inc (NASDAQ:WWD) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has downgraded Woodward Inc (NASDAQ:WWD) to Hold in a statement released on 9/26/2016.
On 09/20/2016, Zacks Investment Research released a statement on Woodward Inc (NASDAQ:WWD) bumped up the target price from $0.00 to $67.00 that suggested an upside of 0.12%.
Boasting a price of $61.32, Woodward Inc (NASDAQ:WWD) traded -0.52% lower on the day. With the last close up 7.37% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Woodward Inc has recorded a 50-day average of $61.07 and a two hundred day average of $56.81. Volume of trade was down over the average, with 156,321 shares of WWD changing hands under the typical 252,239
With a total market value of $0, Woodward Inc has price-earnings ratio of 23.25 with a one year low of $39.68 and a one year high of $63.98 .
More About Woodward Inc (NASDAQ:WWD)
Woodward, Inc. is a designer, manufacturer, and service provider of energy controls and optimization solutions. The Company has production and assembly facilities in the United States, Europe and Asia, and promotes its products and services through its worldwide locations. The Company's is engaged in providing energy control and optimization solutions for the aerospace and energy markets. The Company focuses primarily on original equipment manufacturers (OEMs) and equipment packagers, partnering with them to bring component and system solutions to their demanding applications. The Company operates in two segments: Aerospace and Energy. The Company also provides aftermarket repair, replacement and other service support for its installed products.
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