RADA Electronic Ind. (NASDAQ:RADA) Upgraded by TheStreet to C

RADA Electronic Ind. (NASDAQ:RADA) was upgraded by TheStreet from a “d+” rating to a “c” rating in a report released on Wednesday, November 29th.

Separately, ValuEngine upgraded shares of RADA Electronic Ind. from a “hold” rating to a “buy” rating in a report on Friday, September 1st.

RADA Electronic Ind. (NASDAQ RADA) opened at $3.34 on Wednesday. The firm has a market cap of $100.14, a price-to-earnings ratio of 83.50 and a beta of 0.27. RADA Electronic Ind. has a 1 year low of $1.00 and a 1 year high of $3.85.

A number of institutional investors have recently added to or reduced their stakes in RADA. Commonwealth Equity Services Inc purchased a new position in shares of RADA Electronic Ind. during the 3rd quarter valued at approximately $149,000. Analyst IMS Investment Management Services Ltd. purchased a new position in shares of RADA Electronic Ind. during the 2nd quarter valued at approximately $247,000. Finally, Essex Investment Management Co. LLC purchased a new position in RADA Electronic Ind. in the 3rd quarter valued at $493,000. Institutional investors and hedge funds own 4.66% of the company’s stock.

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About RADA Electronic Ind.

RADA Electronic Industries Ltd. is an aviation and defense company. The Company develops, manufactures and sells defense electronics, including, avionics solutions (including avionics for unmanned aerial vehicles (UAVs)), airborne data/video recording and management systems, inertial navigation systems and tactical land radars for defense forces and border protection systems.

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