Northrop Grumman Corporation (NYSE:NOC) traded at a new 52-week high today of $379.03. This new high was reached on approximately average trading volume as 657,000 shares traded hands, while the average 30-day volume is approximately 844,000 shares.
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm’s segments include aeronautics, mission systems, defense services, and space systems. The company’s aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a mix between a long-range missile manufacturer and a defense IT service provider. Finally, the company’s space systems segment produces various space structures, sensors, and satellites.
Northrop Grumman Corporation share prices have moved between a 52-week high of $379.03 and a 52-week low of $282.88 and are now trading 34% above that low price at $378.05 per share.
Northrop Grumman Corporation (NYSE:NOC) defies analysts with a current price ($378.05) 32.5% above its average consensus price target of $255.00.
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