Leonardo DRS, Inc. (NASDAQ:DRS – Get Rating)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $15.85 and last traded at $15.77, with a volume of 52544 shares trading hands. The stock had previously closed at $15.75.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on DRS shares. CJS Securities initiated coverage on Leonardo DRS in a research note on Tuesday, April 4th. They issued an “outperform” rating and a $17.00 price objective for the company. Canaccord Genuity Group began coverage on Leonardo DRS in a report on Friday, February 10th. They set a “buy” rating and a $17.00 price objective on the stock.
Leonardo DRS Stock Performance
The stock has a 50-day moving average of $14.19. The company has a quick ratio of 1.32, a current ratio of 1.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 7.19 and a beta of 0.87.
Institutional Investors Weigh In On Leonardo DRS
About Leonardo DRS
Leonardo DRS, Inc engages in the provision of defense products and technologies. It develops and manufactures defense products for the U.S. military, intelligence agencies and allies around the world. Its broad technology portfolio focuses on advanced sensing, network computing, force protection, and electrical power and propulsion, as well as a range of key defense priorities.
- Get a free copy of the StockNews.com research report on Leonardo DRS (DRS)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Leonardo DRS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leonardo DRS and related companies with MarketBeat.com's FREE daily email newsletter.