Orbital ATK (OA) : During the past 4 weeks, traders have been relatively bearish on Orbital ATK (OA), hence the stock is down -15.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -15.79% relative to the S&P 500. The 4-week change in the price of the stock is -14.67% and the stock has fallen -15.75% in the past 1 week.
The stock has recorded a 20-day Moving Average of 14.12% and the 50-Day Moving Average is 14.75%. Orbital ATK (NYSE:OA): On Fridays trading session , Opening price of the stock was $73.97 with an intraday high of $76.25. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $73.5. However, the stock managed to close at $73.63, a loss of 0.70% for the day. On the previous day, the stock had closed at $74.15. The total traded volume of the day was 1,301,099 shares.
The company Insiders own 1% of Orbital ATK 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 87.36% of Orbital ATK shares. During last six month period, the net percent change held by insiders has seen a change of -4.06%. Also, Equity Analysts at the Barclays maintains the rating on Orbital ATK (NYSE:OA). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency lowers the price target from $108 per share to $97 per share. The rating by the firm was issued on August 11, 2016.
Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.