Textron Inc. (NYSE:TXT) [Trend Analysis] retains strong position in active trade, as shares scoring 0.11% to $46.03 in a active trade session, while looking at the shares volume, about 1.42 Million shares have changed hands in this session. A Textron Inc. (TXT) business, Textron Systems Electronic Systems reported that its Advanced Architecture Phase Amplitude and Time Simulator has been competitively selected for simulation testing of the F-35 Lightning II electronic warfare (EW) systems.
Under a contract with Lockheed Martin (LMT), Textron Systems will provide complex threat simulation capability in the F-35 Norwegian, Italian Reprogramming Lab (NIRL) located at Eglin Air Force base, supporting international partners. The F-35 NIRL will utilize the A2PATS’ exclusive capabilities to develop and validate aircraft software requirements.
The A2PATS is recognized for providing industry-leading simulation capabilities in an affordable, modular and reconfigurable system. The A2PATS direct port architecture offers complete modularity, reduced life cycle costs and maximum system availability. It is ready to test well inside 30 minutes from a daily cold start, with every signal, across all frequencies and dynamic ranges, correctly aligned in frequency, phase, amplitude and time. The firm has institutional ownership of 80.60%, while insider ownership included 0.20%. TXT attains analyst recommendation of 2.00 with week’s performance of 1.81%. Investors looking additional ahead will note that the Price to next year’s EPS is 8.06%.
California Water Service Group (NYSE:CWT) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -4.29% to 34.55 with about 221999 shares have changed hands in this session. California Water Service Group (NYSE:CWT) reported that promotion of Timothy D. Treloar from Vice President of Operations to Vice President of Water Quality and Chief Utility Operations Officer, and Michael B. Luu from Vice President of Consumer Service & Information Technology to Vice President of Consumer Service and Chief Information Officer, effective January 1, 2017.
“Tim and Michael have both made outstanding contributions to our Firm, comprising how we operate to better serve our consumers. Both of their areas of accountability have become increasingly complex and critical to our long-term strategy and overall success. I congratulate them both on these well-deserved promotions and look forward to working with them in their expanded roles,” stated Martin A. Kropelnicki, President and Chief Executive Officer. The stock is going forward its fifty-two week low with 60.19% and lagging behind from its 52-week high price with -6.24%.
Same, the positive performance for the quarter recorded as 13.95% and for the year was 56.64%, while the YTD performance remained at 52.06%. CWT has Average True Range for 14 days of 1.16.