Kratos Defense & Security Solutions (KTOS) : Traders are bullish on Kratos Defense & Security Solutions (KTOS) as it has outperformed the S&P 500 by a wide margin of 30.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 14.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 14.13% in the last 1 week, and is up 32.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 28.09% and the 50-Day Moving Average is 39.77%. Kratos Defense & Security Solutions (NASDAQ:KTOS): stock turned positive on Friday. Though the stock opened at $5.92, the bulls momentum made the stock top out at $6.18 level for the day. The stock recorded a low of $5.84 and closed the trading day at $6.14, in the green by 4.24%. The total traded volume for the day was 1,302,018. The stock had closed at $5.89 in the previous days trading.
The company Insiders own 23.2% of Kratos Defense & Security Solutions shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.11% . Institutional Investors own 65.45% of Kratos Defense & Security Solutions shares. During last six month period, the net percent change held by insiders has seen a change of 2.11%.
Kratos Defense & Security Solutions, Inc. (Kratos) is a technology focused security business providing mission critical products, solutions and services for domestic and international customers. The Company operates in three segments: Kratos Government Solutions (KGS), Unmanned Systems Segment (US) and Public Safety & Security (PSS). The US segment provides unmanned aerial, ground, seaborne and command, control and communications system business. The KGS and US segments provide products, solutions and services primarily for mission critical national security priorities. The PSS segment provides independent integrated solutions for advanced homeland security, public safety, critical infrastructure, and security and surveillance systems for Government and commercial applications. The Companys principal products and solutions are related to Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR).