Aerojet Rocketdyne Holdings, Inc. (AJRD) Touches $29.20 Formed H&S; SHAWCOR LTD ORDINARY SHARES (SAWLF) SI Decreased By 42.9%

Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) Logo

SHAWCOR LTD ORDINARY SHARES (OTCMKTS:SAWLF) had a decrease of 42.9% in short interest. SAWLF’s SI was 38,600 shares in June as released by FINRA. Its down 42.9% from 67,600 shares previously. With 700 avg volume, 55 days are for SHAWCOR LTD ORDINARY SHARES (OTCMKTS:SAWLF)’s short sellers to cover SAWLF’s short positions. The SI to SHAWCOR LTD ORDINARY SHARES’s float is 0.06%. It closed at $19.8678 lastly. It is up 0.00% since June 23, 2017 and is . It has underperformed by 12.57% the S&P500.

Aerojet Rocketdyne Holdings, Inc. (AJRD) formed inverse H&S with $31.83 target or 9.00% above today’s $29.20 share price. Aerojet Rocketdyne Holdings, Inc. (AJRD) has $2.21B valuation. The stock decreased 1.05% or $0.31 during the last trading session, reaching $29.2. About 630,881 shares traded. Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) has risen 32.83% since June 23, 2017 and is uptrending. It has outperformed by 20.26% the S&P500. Some Historical AJRD News: 24/05/2018 – Aerojet Rocketdyne Thrusters Help Deliver Cygnus to International Space Station; 11/05/2018 – RL10 Engine to Power ULA’s New Vulcan Centaur Upper Stage; 15/03/2018 – Aerojet Rocketdyne Ships Starliner Re-entry Thrusters; 23/04/2018 – DJ Aerojet Rocketdyne Holdings Inc, Inst Holders, 1Q 2018 (AJRD); 08/03/2018 Upgraded Aerojet Rocketdyne Insensitive Explosive Successfully Tested by U.S. Air Force Research Laboratory for General Purpose; 07/05/2018 – Aerojet Rocketdyne Completes Hot Fire Testing on Propulsion System for MDA’s Redesigned Kill Vehicle; 09/04/2018 – Aerojet Rocketdyne Welcomes Natalie Schilling as Chief Human Resources Officer; 03/05/2018 – Aerojet Rocketdyne Has lnSight Every Step of the Way; 10/04/2018 – NEXT-C Advanced Electric Propulsion Engine Cleared to Begin Production; 01/05/2018 – AEROJET 1Q EPS 18C, EST. 19C

ShawCor Ltd., an energy services company, provides services and products for the pipeline, pipe services, petrochemical, and industrial divisions of the energy industry worldwide. The company has market cap of $1.35 billion. The firm operates in two divisions, Pipeline and Pipe Services, and Petrochemical and Industrial. It has a 30.19 P/E ratio. The Company’s Bredero Shaw division offers pipe coating, lining, and insulation products; and Canusa-CPS division makes heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications.

Analysts await Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) to report earnings on August, 2. They expect $0.24 earnings per share, down 25.00% or $0.08 from last year’s $0.32 per share. AJRD’s profit will be $18.12 million for 30.42 P/E if the $0.24 EPS becomes a reality. After $0.18 actual earnings per share reported by Aerojet Rocketdyne Holdings, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Among 6 analysts covering Aerojet Rocketdyne Holdings (NYSE:AJRD), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Aerojet Rocketdyne Holdings had 8 analyst reports since January 19, 2017 according to SRatingsIntel. On Friday, September 22 the stock rating was upgraded by CL King to “Buy”. Jefferies initiated Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) rating on Friday, March 31. Jefferies has “Buy” rating and $28 target. The stock has “Buy” rating by Oppenheimer on Friday, June 9. The stock has “Buy” rating by C.L. King on Friday, September 22. The firm earned “Buy” rating on Thursday, January 19 by Suntrust Robinson. The company was maintained on Friday, November 3 by SunTrust. Jefferies downgraded the shares of AJRD in report on Monday, October 23 to “Hold” rating.