Elbit Systems Ltd. (NASDAQ:ESLT)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $98.25, but opened at $98.53. Elbit Systems shares last traded at $99.20, with a volume of 12,908 shares trading hands.

The company has a market cap of $4.25 billion and a P/E ratio of 20.21. The stock’s 50-day moving average is $93.13 and its 200-day moving average is $91.37.

Elbit Systems (NASDAQ:ESLT) last issued its earnings results on Tuesday, May 17th. The company reported $1.20 earnings per share (EPS) for the quarter. The company earned $721.20 million during the quarter, compared to analysts’ expectations of $706.60 million. Equities research analysts expect that Elbit Systems Ltd. will post $4.28 EPS for the current fiscal year.

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