Promising Blue Chip Stocks Worth Watching – August 13th

Karman, RF Industries, and NetSol Technologies are the three Blue Chip stocks to watch today, according to MarketBeat’s stock screener tool. Blue chip stocks are shares of large, well‐established companies with strong balance sheets, stable earnings and a long track record of reliable performance. They often pay consistent dividends and are components of major market indexes like the Dow Jones Industrial Average or S&P 500. Because of their financial strength and market leadership, blue chips are seen as lower-risk equity holdings suited to steady, long-term growth. These companies had the highest dollar trading volume of any Blue Chip stocks within the last several days.

Karman (KRMN)

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.

Shares of KRMN stock traded up $1.20 on Wednesday, hitting $50.23. The company had a trading volume of 437,685 shares, compared to its average volume of 1,176,505. The company’s 50-day moving average price is $48.52. The company has a current ratio of 2.75, a quick ratio of 3.23 and a debt-to-equity ratio of 1.30. Karman has a twelve month low of $25.02 and a twelve month high of $57.31.

RF Industries (RFIL)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

NASDAQ RFIL traded down $0.04 during trading hours on Wednesday, hitting $7.20. 18,918 shares of the company’s stock were exchanged, compared to its average volume of 82,019. The stock has a 50-day simple moving average of $6.43 and a 200 day simple moving average of $5.09. RF Industries has a 1-year low of $3.27 and a 1-year high of $9.21. The firm has a market cap of $76.84 million, a price-to-earnings ratio of -55.35 and a beta of 0.82.

NetSol Technologies (NTWK)

NetSol Technologies, Inc. designs, develops, markets, and exports enterprise software solutions to the automobile financing and leasing, banking, and financial services industries worldwide. The company offers NFS Ascent, a suite of financial applications for businesses in the finance and leasing industry.

NASDAQ NTWK traded up $0.13 during trading hours on Wednesday, hitting $4.17. 15,053 shares of the company’s stock were exchanged, compared to its average volume of 27,230. The stock has a 50-day simple moving average of $3.52 and a 200 day simple moving average of $2.86. NetSol Technologies has a 1-year low of $2.14 and a 1-year high of $4.59. The firm has a market cap of $48.77 million, a price-to-earnings ratio of 208.35 and a beta of 1.01.