The stock of Magal Security Systems Ltd. (USA) (NASDAQ:MAGS) is a huge mover today! The stock increased 8.15% or $0.45 on November 25, hitting $5.97. About 141,154 shares traded hands or 65.78% up from the average. Magal Security Systems Ltd. (USA) (NASDAQ:MAGS) has risen 13.81% since April 22, 2016 and is uptrending. It has outperformed by 8.41% the S&P500.
The move comes after 8 months positive chart setup for the $98.41M company. It was reported on Nov, 25 by Barchart.com. We have $6.39 PT which if reached, will make NASDAQ:MAGS worth $6.89 million more.
Analysts await Magal Security Systems Ltd. (USA) (NASDAQ:MAGS) to report earnings on November, 29 before the open.
According to Zacks Investment Research, “Magal Security Systems Ltd. is engaged in the development, manufacturing and marketing of computerized security systems used to automatically delect and deter human instrusion, and to locate and identity explosive devices in luggage, packages and other parcels for both civilian and military markets in Israel and throughout the world.”
More important recent Magal Security Systems Ltd. (USA) (NASDAQ:MAGS) news were published by: Bidnessetc.com which released: “Magal Security Systems Limited (USA) (MAGS) Jumps On Third-Quarter Results” on November 20, 2014, also Benzinga.com published article titled: “7 Stocks That Rallied Three Days On Increasing Volume”, Marketwatch.com published: “Airport Security Market Report 2016-2026” on February 03, 2016. More interesting news about Magal Security Systems Ltd. (USA) (NASDAQ:MAGS) was released by: Streetinsider.com and their article: “Magal Security Systems (MAGS) Acquires Senstar in ~$14M Deal” with publication date: April 01, 2016.
MAGS Company Profile
Magal Security Systems Ltd., incorporated on March 27, 1984, is an international well-known provider of products and solutions for security, safety and site management. The Company’s solutions are integrated and managed by modular command and control software, supported by systems for real-time decision support. The Company’s portfolio of critical infrastructure protection and site protection technologies includes a range of smart barriers and fences, fence mounted sensors, virtual gates, buried and concealed detection systems, and sensors for sub-surface intrusion such as to secure pipelines. The Firm offers integrated solutions for critical sites, managed by Fortis4G, its fourth generation Physical Security Information Management system (PSIM). The solutions leverage its portfolio of homegrown Perimeter Intrusion Detection Systems (PIDS), advanced outdoors Close Circuit Television (CCTV)/Intelligent Video Analysis (IVA), technology and cyber security solutions. The Firm develops makes, markets and sells lines of physical and cyber security products. The systems are used in over 80 countries to protect sensitive facilities, including national borders, military bases, power plants, airports, seaports, prisons, industrial sites, gas and oil facilities, Olympic villages and stadiums and municipalities from intrusion, crime, sabotage or vandalism to infrastructure, assets and personnel. The Company’s integrated solutions are based on a range of in-house product portfolios, complemented by original equipment maker (OEM) and third party products.
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