Previous Close | 9.31 |
Open | 9.04 |
Bid | 9.23 x 2200 |
Ask | 9.23 x 800 |
Day's Range | 9.00 - 9.49 |
52 Week Range | 8.20 - 16.70 |
Volume | |
Avg. Volume | 611,954 |
Market Cap | 456.134M |
Beta (5Y Monthly) | 0.82 |
PE Ratio (TTM) | 19.45 |
EPS (TTM) | 0.47 |
Earnings Date | Feb 08, 2022 - Feb 14, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 16.80 |
When the markets crashed due to the pandemic, it seemed like the end of the world. However, dozens of stocks delivered multi-fold returns over the next 12-18 months. The euphoric rally in growth stocks was largely over towards the end of 2021. A key reason being contractionary policies coupled with toned down growth expectations. As the markets correct, there is pessimism among investors. However, the stage is also being set for the next rally. Over decades, markets have continued to remain in a
RADA Electronic Industries Ltd.(NASDAQ: RADA), an Israel-based provider of small-form tactical radars, and Leonardo DRS Inc have agreed to merge and become a combined public company. U.S.-based mid-tier defense technology provider Leonardo DRS is a wholly-owned subsidiary of Leonardo S.p.A. (OTC: FINMY). Leonardo DRS will acquire 100% of the share capital in RADA in exchange for ~19.5% equity ownership in the combined company to RADA shareholders. The combined company will maintain the name Leon
All-stock merger combines Leonardo DRS, a leading U.S.-based mid-tier defense technology provider, and RADA Electronic Industries Ltd., a leading Israel-based provider of small-form tactical radars. RADA’s advanced tactical radars improve Leonardo DRS’s position as an air defense, counter-UAS and vehicle protection integrator, accelerating its transformation into a provider of integrated sensor systems and leader in advanced sensing and force protection markets.The Combined Company will be align