DEFSEC Technologies Inc. (NASDAQ:DFSC – Get Free Report)’s stock price rose 0.3% on Tuesday . The company traded as high as $3.61 and last traded at $3.55. Approximately 17,522 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 51,693 shares. The stock had previously closed at $3.54.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the company. Wall Street Zen cut DEFSEC Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of DEFSEC Technologies in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, DEFSEC Technologies has an average rating of “Sell”.
DEFSEC Technologies Trading Up 0.3%
Hedge Funds Weigh In On DEFSEC Technologies
A hedge fund recently bought a new stake in DEFSEC Technologies stock. Warberg Asset Management LLC purchased a new position in DEFSEC Technologies Inc. (NASDAQ:DFSC – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,950 shares of the company’s stock, valued at approximately $103,000. Warberg Asset Management LLC owned approximately 2.07% of DEFSEC Technologies at the end of the most recent reporting period. 21.39% of the stock is currently owned by institutional investors and hedge funds.
About DEFSEC Technologies
DEFSEC develops and commercializes breakthrough next-generation tactical systems for military and security forces. The Company’s current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons.
See Also
- Five stocks we like better than DEFSEC Technologies
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Checkmate in the Cloud: ServiceNow’s Shopping Spree
- Investing in the High PE Growth Stocks
- The Contrarian Case for MSTR Amid MSCI Delisting Debacle
Receive News & Ratings for DEFSEC Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DEFSEC Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
