AS&E (NASDAQ:ASEI) Walk on Red Track after Q4 Results- ASEI, KTOS, BCO, CKP, GEO, DSS, NSSC

  on May 16,2012 Posted in Investment Ideas
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Billerica-based American Science & Engineering, Inc. (NASDAQ:ASEI), which provides screening systems for high-security applications, its shares plunged current week following it reported fiscal Q4 earnings that came in far short of anticipation, the Lowell Sun reports.

The company posted net income of $1.3 million, drops from $9.6 million for the similar quarter a year before. CEO Anthony Fabiano reported in a statement that the firm endured a challenging year, caused by numerous changes in our marketplace, the Sun reports.

Turning towards the sector Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) lost -0.81%, Brink’S Co (NYSE:BCO) fell -0.75%, Checkpoint Systems, Inc. (NYSE:CKP) moved down -2.24%, The Geo Group, Inc. (NYSE:GEO) rose +1.04%, Document Security Systems, Inc. (NYSEAMEX:DSS) which also increased +7.07% and Napco Security Systems (NASDAQ:NSSC) moved up +3.92%.

American Science & Engineering, Inc. (NASDAQ:ASEI) dropped -23.96% or -$16.14 to close the trading at $51.21 following it hit intra day high level of $57.50. The total traded volume in the previous trading session was 630,777.00 shares as compared to average 47,552.00 shares. Its fifty two week trading range was $50.38 – $90.03. The total market capitalization reached $456.62 million.

The stock price was behind its 52 week low price with -4.60% and it lagged behind -42.07% from its 52 week maximum mark. Stock price volatility for last month remained 3.14%. In its share capital, the company has 8.92 million outstanding shares out of which 8.80 million shares have been floated in the market. For now, stock ownership with company’s management remained 0.04%.

ASEI presented a negative weekly performance of -24.48% with respect to its rate of return and it remained -22.43% for the month. However, the performance for a quarter experienced a negative change of -32.84% and it slumped -40.56% for a year and its year to date performance remained in red with -24.32%.

Current stock price is in the downbeat territory taking into account of 20 days moving average with -22.41% and continued bearish run for 50 days moving average with -24.36%. Its earning per share for the past twelve months was $3.22. Company’s beta coefficient was at 0.35. Beta measures the amount of market risk associated with market trade.




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