Northrop Grumman Corporation (NOC) Dips 3.25% for September 09

Equities Staff  |

Among the S&P 500’s biggest fallers on Monday September 09 was Northrop Grumman Corporation (NOC). The stock experienced a 3.25% decline to $355.83 with 1.26 million shares changing hands.

Northrop Grumman Corporation started at an opening price of 367.57 and hit a high of $368.05 and a low of $354.99. Ultimately, the stock took a hit and finished the day at $11.94 per share. Northrop Grumman Corporation trades an average of 848,073 shares a day out of a total 169.2 million shares outstanding. The current moving averages are a 50-day SMA of $346.60 and a 200-day SMA of $294.52. Northrop Grumman Corporation hit a high of $377.34 and a low of $223.63 over the last year.

Northrop operates four business segments: aerospace systems, mission systems, technology services, and innovation systems. Aerospace includes aircraft and space systems. Mission systems consists of radars, sensors, and systems for surveillance and targeting. Technology services provides cybersecurity and information technology solutions, as well as logistics and maintenance on various products. The innovation systems business focuses on missile defense, space systems, hypersonics, and space launchers.

With its headquarters located in Falls Church, VA, Northrop Grumman Corporation employs 85,000 people. After today’s trading, the company’s market cap has fallen to $60.21 billionAs for its value, has a P/E ratio of <17.8, a P/S of 1.89, a P/B of 6.53, and a P/FCF of 35.1.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Northrop Grumman Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: NOC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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