#9 - Arotech Corporation (NASDAQ:ARTX)
Arotech Corporation (NASDAQ: ARTX) - The defense industry may seem like a strange place to find a penny stock, but Arotech fits the bill. It has a market cap of $88 million, but it operates in many countries and counts among its competitors some of the big boys like General Electric and Honeywell. In terms of fundamentals, the stock has a forward P/E ratio of 13 which may be low if they can start to accelerate their growth. Their revenue in 2017 was $98.72million, almost $5 million less than their 2014 revenue. And when you consider the company was founded in 1990, it has taken a long time to get where they are. In 2017, the company earned a profit of 17 cents per share. Forecasts project their profit per share to increase to 18 cents per share in 2018 and up to 26 cents per share in 2019. Much of this enthusiasm may have to do with the forecast for more defense spending from the Trump administration.
Arotech’s stock has shown a year-to-date gain of nearly 12%. The stock is currently trading around $3.40 and is positioned just below its 20- and 50-day SMA.
About Arotech
Arotech Corporation provides defense and security products worldwide. The company's Training and Simulation division develops, manufactures, and markets multimedia and interactive digital solutions for engineering, use-of-force training, and operator training of military, law enforcement, security, emergency services, and other personnel.
Read More - Current Price
- $3.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
