Smith & Wesson Holding Corporation (SWHC): Today's Featured Aerospace/Defense Laggard
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Smith & Wesson Holding Corporation (SWHC) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Smith & Wesson Holding Corporation fell 47 cents (-4.6%) to $9.75 on heavy volume. Throughout the day, eight million shares of Smith & Wesson Holding Corporation exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $9.56-$10 after having opened the day at $9.89 as compared to the previous trading day's close of $10.22. Other companies within the Aerospace/Defense industry that declined today were: Aerovironment Incorporated (AVAV), down 9.8%, Edac Technologies Corporation (EDAC), down 2.9%, and TAT Technologies (TATT), down 1.5%.
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Smith & Wesson Holding Corporation provides products and services for safety, security, protection, and sports in the United States and internationally. Smith & Wesson Holding Corporation has a market cap of $681.1 million and is part of the industrial goods sector. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 21.1% year to date as of the close of trading on Tuesday. Currently there is one analyst that rates Smith & Wesson Holding Corporation a buy, no analysts rate it a sell, and four rate it a hold.