Today’s Research Reports on Trending Tickers: American Outdoor Brands and Sturm, Ruger & Company
NEW YORK, NY / ACCESSWIRE / March 7, 2018 / U.S. markets had a topsy-turvy day as concerns of a potential trade war, a result of tariffs proposed by President Donald Trump, continue to worry investors. The Dow Jones Industrial Average hit a low of 24,708.41, before settling to close at 24,884.12, an increase of 0.04 percent, while the S&P 500 Index hit a low of 2,711.26, before settling to close at 2,728.12, an increase of 0.26 percent. Major Indexes fell in Tuesday trading after Bloomberg News reported President Trump believes top economic advisor Gary Cohn could resign due to the new proposed tariffs on imports of steel and aluminum.
RDI Initiates Coverage on:
American Outdoor Brands Corp.
https://rdinvesting.com/news/?ticker=AOBC
Sturm, Ruger & Company, Inc.
https://rdinvesting.com/news/?ticker=RGR
American Outdoor Brands’ stock jumped 5.03% Tuesday, to close the day at $10.64. The stock recorded a trading volume of 2,813,020 shares, which was above its three months average volume of 1,997,708 shares. In the last year, American Outdoor Brands’ shares have traded in a range of 8.32 – 24.49. The share price has gained 27.88% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $10.96 is below its 200-day moving average of $13.59. Shares of the company are trading at a Price to Earnings ratio of 9.61. Shares of American Outdoor Brands have gained roughly 0.28 percent in the past month and are down 17.13 percent year-to-date.
Access RDI’s American Outdoor Brands Corp. Research Report at:
https://rdinvesting.com/news/?ticker=AOBC
On Tuesday, shares of Sturm, Ruger & Company recorded a trading volume of 272,788 shares, which was below the three months average volume of 310,711 shares. The stock ended the day 2.43% higher at 50.55. The share price has gained 17.56% from its 52-week low with a 52-week trading range of 43.00 – 68.60. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $50.52 is below its 200-day moving average of $51.10. Shares of the company are trading at a Price to Earnings ratio of 17.37. Shares of Sturm, Ruger & Company have gained roughly 2.43 percent in the past month and are down 9.49 percent year-to-date.
Access RDI’s Sturm, Ruger & Company, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=RGR
Our Actionable Research on American Outdoor Brands Corp. (NASDAQ:AOBC) and Sturm, Ruger & Company, Inc. (NYSE:RGR) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011
Email:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: RDInvesting.com
ReleaseID: 492092