Company Shares of Rada Electronics Industries Limited (NASDAQ:RADA) Rally 23.41%

Rada Electronics Industries Limited (NASDAQ:RADA) has been under a strong bear grip, hence the stock is down -3.73% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 21.85% in the past 1 week. The stock has risen by 23.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.17% in the past 4 weeks.

The company shares have dropped -63.83% from its 1 Year high price. On Jul 28, 2015, the shares registered one year high at $2.37 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $0.55 and the 200 Day Moving Average price is recorded at $0.41.

The stock has recorded a 20-day Moving Average of 11.9% and the 50-Day Moving Average is 37.29%.


Rada Electronics Industries Limited (NASDAQ:RADA): stock turned positive on Friday. Though the stock opened at $0.67, the bulls momentum made the stock top out at $0.85 level for the day. The stock recorded a low of $0.6 and closed the trading day at $0.68, in the green by 4.62%. The total traded volume for the day was 1,897,358. The stock had closed at $0.65 in the previous days trading.

RADA Electronic Industries Ltd. is a defense electronics contractor. The Company is a global aviation and defense company. It specializes in the development, manufacturing, marketing and sales of military avionics systems for manned and unmanned aircraft, inertial navigation systems (INS) for air and land platforms, and tactical land radars for force and border protection applications. It develops manufactures and sells defense electronics, including, avionics solutions (including avionics for unmanned aerial vehicles), airborne data/video recording and management systems, INS and tactical land radars for defense forces and border protection systems. It primarily provides integrated solutions and its product lines are Military avionics (data/video recorders, core avionics for aircraft and unmanned aerial vehicles); INS for aerial and land platforms, and Tactical Radars for defense forces and border protection systems (land based).

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