Arotech Corporation (ARTX) is Initiated by Singular Research to “Buy”

Arotech Corporation (ARTX) was Initiated by Singular Research to “Buy” and the brokerage firm has set the Price Target at $5. Singular Research advised their Clients and Investors in a research report released on Mar 3, 2017.

Based on several research reports , Singular Research Initiated Arotech Corporation on Mar 3, 2017 to “Buy”, Price Target of the shares are set at $5.Singular Research Initiated Arotech Corporation on Mar 3, 2017 to “Buy”, Price Target of the shares are set at $5.

Several company insiders have filed Insider transactions , on Nov 21, 2016, Kenneth W Cappell (director) purchased 9,000 shares at $3.27 per share price. According to the SEC, on Nov 14, 2016, Lawrence F Hagenbuch (director) purchased 4,100 shares at $3.18 per share price. On Jun 18, 2015, Steven D Esses (President and CEO) sold 300 shares at $3.01 per share price, according to the Form-4 filing with the securities and exchange commission.

Arotech Corporation opened for trading at $3.8 and hit $3.9 on the upside on Monday, eventually ending the session at $3.8, with a gain of 1.33% or 0.05 points. The heightened volatility saw the trading volume jump to 1,91,151 shares. Company has a market cap of $100 M.

Arotech Corporation is a defense and security products and services company engaged in providing interactive simulation for military law enforcement and commercial markets and power systems and batteries for the military commercial and medical markets. The Company operates in two divisions: Training and Simulation Division and Power Systems Division. The Company’s Training and Simulation Division develops manufactures and markets multimedia and interactive digital solutions for use-of-force training and driving training of military law enforcement security emergency services and other personnel. The Company’s Power Systems Division provides battery solutions energy management and power distribution technologies and product design and manufacturing services for the aerospace defense law enforcement homeland security and medical markets and manufactures and sells lithium and Zinc-Air batteries for defense and security products.

Arotech Corporation

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