Arotech Corp Institutional Investor Sentiment Improved in 2018 Q3

Arotech Corporation (NASDAQ:ARTX) Logo

Sentiment for Arotech Corp (NASDAQ:ARTX)

Arotech Corp (NASDAQ:ARTX) institutional sentiment increased to 3.25 in 2018 Q3. Its up 1.14, from 2.11 in 2018Q2. The ratio has improved, as 26 active investment managers increased and opened new stock positions, while 8 sold and decreased their holdings in Arotech Corp. The active investment managers in our partner’s database now own: 14.29 million shares, up from 6.82 million shares in 2018Q2. Also, the number of active investment managers holding Arotech Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 6 Increased: 12 New Position: 14.

Arotech Corporation provides defense and security products worldwide. The company has market cap of $85.14 million. The companyÂ’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. It has a 14.95 P/E ratio. This division offers simulators, systems engineering support, and software products for training vehicle operators to the United States military, government, municipalities, and private industry; weapon simulations used to train military pilots, weapon employment information used in air launched weapons, and part-task simulators to train aircrew; specialized use-of-force training simulators and systems for police, security personnel, and the military under the MILO Range trade name; and consulting and development support services under the Realtime Technologies trade name.

The stock increased 1.56% or $0.05 during the last trading session, reaching $3.26. About 71,856 shares traded. Arotech Corporation (NASDAQ:ARTX) has declined 28.49% since January 14, 2018 and is downtrending. It has underperformed by 28.49% the S&P500.

Analysts await Arotech Corporation (NASDAQ:ARTX) to report earnings on March, 13. They expect $0.02 EPS, down 75.00 % or $0.06 from last year’s $0.08 per share. ARTX’s profit will be $522,331 for 40.75 P/E if the $0.02 EPS becomes a reality. After $0.05 actual EPS reported by Arotech Corporation for the previous quarter, Wall Street now forecasts -60.00 % negative EPS growth.

Cannell Capital Llc holds 1.64% of its portfolio in Arotech Corporation for 1.82 million shares. Perritt Capital Management Inc owns 225,000 shares or 0.23% of their US portfolio. Moreover, Essex Investment Management Co Llc has 0.16% invested in the company for 412,282 shares. The California-based First Wilshire Securities Management Inc has invested 0.08% in the stock. Ancora Advisors Llc, a Us-based fund reported 323,035 shares.

Since January 1, 0001, it had 10 insider buys, and 0 selling transactions for $297,502 activity.

Another recent and important Arotech Corporation (NASDAQ:ARTX) news was published by Investorplace.com which published an article titled: “These 4 Penny Stocks May Very Well Be Worth the Risk – Investorplace.com” on July 19, 2018.

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