Harris Corp. (HRS) is Trading Lower on Unusual Volume for January 07

Equities Staff |

Harris Corp. (HRS) experienced unusually high volume on Jan. 07, as the stock lost 1.38% to a closing price of $86.16. The stock saw 1.63 million shares trade hands over the course of the day on 14,804 trades. Given that the stock’s average daily volume over the last month has been 952,382 shares a day, this represents a pretty substantial spike over the norm.

Harris Corp. has a P/B ratio of 3.1. It also has a P/E ratio of 28. The stock has traded between $89.78 and $66.15 over the last 52-weeks, its 50-day SMA is now $82.52, and its 200-day SMA $78.55.

Harris Corporation together with its subsidiaries develops, manufactures and sells technology-based solutions that serve government and commercial customers' mission-critical challenges.

Headquartered in Melbourne, FL, Harris Corp. has 22,300 employees and is currently under the leadership of CEO William M. Brown.

For a complete fundamental analysis analysis of Harris Corp., check out Equities.com’s Stock Valuation Analysis report for HRS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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