• Return to Headlines

Kratos Defense & Rises 4.51% on Heavy Volume: Watch For Potential Pullback

By Shiri Gupta

Kratos Defense & (NASDAQ:KTOS) traded in a range yesterday that spanned from a low of $19.35 to a high of $19.74. Yesterday, the shares gained 4.5%, which took the trading range above the 3-day high of $19.50 on volume of 349,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Kratos Defense & share prices have been bracketed by a low of $12.31 and a high of $25.08 and are now at $19.46, 58% above that low price. The 200-day and 50-day moving averages have moved 0.42% higher and 0.26% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Kratos Defense & and will alert subscribers who have KTOS in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders kratos defense &

Ticker(s): KTOS