Shares of The KEYW Holding Corporation (NASDAQ:KEYW) shot up 12.8% during trading on Tuesday . The company traded as high as $7.11 and last traded at $7.01. 1,347,097 shares traded hands during trading, an increase of 261% from the average session volume of 373,297 shares. The stock had previously closed at $6.21.

A number of research firms have commented on KEYW. ValuEngine lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, June 6th. Zacks Investment Research raised shares of The KEYW Holding Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Maxim Group set a $13.00 price objective on shares of The KEYW Holding Corporation and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, Drexel Hamilton raised shares of The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Friday, August 25th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $11.75.

The company’s 50 day moving average price is $7.67 and its 200-day moving average price is $8.80. The stock’s market capitalization is $343.47 million.

The KEYW Holding Corporation (NASDAQ:KEYW) last issued its earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.02. The KEYW Holding Corporation had a negative return on equity of 1.61% and a negative net margin of 6.39%. The firm had revenue of $124.10 million for the quarter, compared to analysts’ expectations of $120.06 million. During the same quarter last year, the business earned ($0.01) earnings per share. The company’s revenue was up 69.3% compared to the same quarter last year. On average, equities research analysts predict that The KEYW Holding Corporation will post ($0.27) EPS for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the business. Concourse Capital Management LLC bought a new position in The KEYW Holding Corporation during the second quarter worth about $109,000. Greenwood Capital Associates LLC boosted its holdings in The KEYW Holding Corporation by 1.8% during the second quarter. Greenwood Capital Associates LLC now owns 12,260 shares of the software maker’s stock worth $115,000 after buying an additional 214 shares during the last quarter. Paloma Partners Management Co bought a new position in The KEYW Holding Corporation during the first quarter worth about $132,000. Zacks Investment Management bought a new position in The KEYW Holding Corporation during the second quarter worth about $138,000. Finally, US Bancorp DE boosted its holdings in The KEYW Holding Corporation by 183.3% during the first quarter. US Bancorp DE now owns 14,868 shares of the software maker’s stock worth $140,000 after buying an additional 9,620 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

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The KEYW Holding Corporation Company Profile

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

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