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Zacks Investment Research downgraded Mercury Systems Inc (NASDAQ:MRCY) to Hold in a report released today.

Zacks Investment Research has downgraded Mercury Systems Inc (NASDAQ:MRCY) to Hold in a report released on 6/21/2017.

Previously on 6/08/2017, Zacks Investment Research released a statement about Mercury Systems Inc (NASDAQ:MRCY) increased the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.11%.

Just yesterday Mercury Systems Inc (NASDAQ:MRCY) traded -0.38% lower at $38.68. MRCY’s 50-day average is $46.41 and its two hundred day average is $41.52. With the last stock price close down 13.28% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Volume of trade was up over the average, with 592,255 shares of MRCY changing hands over the typical 355,022

Performance Chart

Mercury Systems Inc (NASDAQ:MRCY)

With a total market value of $0, Mercury Systems Inc has P/E ratio of 81.09 with a 52 week low of $22.31 and a one year high of $49.24 .

A total of 5 equity analysts have released a ratings update on MRCY. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $25.00.

General Information About Mercury Systems Inc (NASDAQ:MRCY)

Mercury Systems, Inc. is a commercial provider of secure processing subsystems designed and made in the United States. The Company's solutions support a range of defense and intelligence programs. Its technologies include embedded processing modules and subsystems, radio frequency (RF) and microwave multi-function assemblies, as well as subsystems, and RF and microwave components. It designs and builds RF and microwave components and subsystems for the electronic warfare (EW), signals intelligence (SIGINT) and other communications requirements and applications. It offers analyst services and systems engineering support, consulting, maintenance and other support, testing and installation. It designs, markets and sells software and middleware environments for the development and execution of signal and image processing applications on a range of heterogeneous and multi-computing platforms. It also offers solutions in mission computing, safety-critical avionics and platform management.

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