Worth Watching: Today Arotech Corporation Stock Rises

Worth Watching: Today Arotech Corporation Stock Rises

The stock of Arotech Corporation (NASDAQ:ARTX) is a huge mover today! About 351,763 shares traded hands. Arotech Corporation (NASDAQ:ARTX) has declined 5.44% since April 20, 2016 and is downtrending. It has underperformed by 10.00% the S&P500.
The move comes after 5 months positive chart setup for the $93.90 million company. It was reported on Nov, 22 by Barchart.com. We have $3.54 PT which if reached, will make NASDAQ:ARTX worth $2.82 million more.

According to Zacks Investment Research, “Arotech Corporation operates two business divisions: Electric Fuel Batteries — developing and manufacturing zinc-air batteries for military and homeland security applications and developing electric vehicle batteries for zero emission public transportation; and Arotech Defense — consisting of IES Interactive, which provides advanced high-tech multimedia training systems for law enforcement and paramilitary organizations, MDT Armor, which provides vehicle armoring for the military, industrial and private sectors, and Arcon Security.”

Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.23, from 1.15 in 2016Q1. The ratio worsened, as 5 funds sold all Arotech Corporation shares owned while 8 reduced positions. 9 funds bought stakes while 6 increased positions. They now own 4.06 million shares or 61.11% more from 2.52 million shares in 2016Q1.
Bridgeway Cap has 0.02% invested in the company for 416,063 shares. Moreover, Vanguard Gp has 0% invested in Arotech Corporation (NASDAQ:ARTX) for 942,064 shares. Eam Limited holds 0.2% of its portfolio in Arotech Corporation (NASDAQ:ARTX) for 475,944 shares. The Massachusetts-based Geode Ltd Com has invested 0% in Arotech Corporation (NASDAQ:ARTX). Ancora Advsr Limited Com accumulated 0.06% or 188,500 shares. Blackrock Management Ltd Liability Corp has invested 0% of its portfolio in Arotech Corporation (NASDAQ:ARTX). Bancorp Of Ny Mellon Corporation reported 33,871 shares or 0% of all its holdings. The United Kingdom-based Gsa Prtn Llp has invested 0.01% in Arotech Corporation (NASDAQ:ARTX). Morgan Stanley last reported 32,111 shares in the company. Spark Investment Management Limited Company holds 0.04% or 158,800 shares in its portfolio. The New York-based Tower Cap Lc (Trc) has invested 0% in Arotech Corporation (NASDAQ:ARTX). Fny Managed Accounts Ltd Liability last reported 0% of its portfolio in the stock. Tfs Capital Ltd Liability Corporation last reported 0.03% of its portfolio in the stock. Sigma Planning Corporation reported 10,000 shares or 0% of all its holdings. Ladenburg Thalmann Services has 1,671 shares for 0% of their US portfolio.

Insider Transactions: Since June 1, 2016, the stock had 7 buys, and 1 insider sale for $213,131 net activity. The insider Cappell Kenneth W bought $36,715. Kutler Jon B also bought $26,000 worth of Arotech Corporation (NASDAQ:ARTX) shares. 4,100 shares were bought by Hagenbuch Lawrence F, worth $13,059. EHRLICH ROBERT S sold $30,250 worth of stock.

More news for Arotech Corporation (NASDAQ:ARTX) were recently published by: Zacks.com, which released: “3 Reasons Value Stock Investors Will Love Arotech Corporation (ARTX)” on March 31, 2016. Prnewswire.com‘s article titled: “Arotech Announces $3 Million Stock Investment by Admiralty Partners, Inc.” and published on February 03, 2016 is yet another important article.

ARTX Company Profile

Arotech Corporation, incorporated on December 20, 1990, is a defense and security services and products company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military, commercial and medical markets. The Firm operates through two divisions: Training and Simulation Division, and Power Systems Division. The Company’s Training and Simulation Division develops, makes and markets multimedia and interactive digital solutions for engineering, use-of-force training and operator training of military, law enforcement, security, emergency services and other personnel. The Company’s Power Systems Division provides battery solutions, energy management and power distribution technologies and product design and manufacturing services for the aerospace, defense, law enforcement, homeland security markets, and it makes and sells rechargeable batteries for defense and security products and medical and industrial applications.

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