Elbit Systems Ltd. (ESLT) Shares Gap Down to $93.06
Elbit Systems Ltd. (NASDAQ:ESLT) gapped down prior to trading on Monday . The stock had previously closed at $91.07, but opened at $93.06. Elbit Systems shares last traded at $95.28, with a volume of 68,667 shares changing hands.
The company has a market cap of $4.08 billion and a price-to-earnings ratio of 19.39. The stock’s 50 day moving average price is $92.46 and its 200 day moving average price is $90.64.
Elbit Systems (NASDAQ:ESLT) last released 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 forecast that Elbit Systems Ltd. will post $4.28 earnings per share for the current year.
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