Revenue Update on Aerojet Rocketdyne Holdings(NYSE:AJRD)

Aerojet Rocketdyne Holdings(NYSE:AJRD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Company reported revenue of $408.40M. Analysts estimated a revenue of $436.15M. Earnings per share were $0.09. Analysts had estimated an EPS of $0.21.

Aerojet Rocketdyne Holdings (AJRD) shares turned negative on Wednesdays trading session with the shares closing down -0.3 points or -1.71% at a volume of 2,70,622. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.55. The peak price level was also seen at $17.55 while the days lowest was $17.191. Finally the shares closed at $17.28. The 52-week high of the shares is $23.46 while the 52-week low is $13.98. According to the latest information available, the market cap of the company is $1,203 M.

Several Insider Transactions has been reported to the SEC. On Nov 16, 2015, Warren G Lichtenstein (director) purchased 5,000 shares at $14.99 per share price.Also, On Nov 5, 2015, Chris W Conley (VP – EH&S) sold 9,000 shares at $17.68 per share price.On Aug 3, 2015, James R Henderson (director) sold 53,354 shares at $22.72 per share price, according to the Form-4 filing with the securities and exchange commission.

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