Promising Blue Chip Stocks To Watch Today – August 16th

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 a long track record of stable earnings, reliable dividends, and strong financial health. These companies typically rank among the largest by market capitalization and are constituents of major stock indices. Because of their proven stability and ability to weather economic downturns, blue chips are often viewed as lower-risk investments. 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 down $0.27 on Friday, reaching $50.64. The stock had a trading volume of 784,668 shares, compared to its average volume of 2,461,855. Karman has a 1 year low of $25.02 and a 1 year high of $57.31. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.75 and a quick ratio of 3.23. The stock’s 50 day simple moving average is $48.88.

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.

Shares of RFIL stock traded down $0.16 on Friday, reaching $7.00. The stock had a trading volume of 41,629 shares, compared to its average volume of 241,022. The stock has a market cap of $74.76 million, a P/E ratio of -53.85 and a beta of 0.82. RF Industries has a 1 year low of $3.35 and a 1 year high of $9.21. The company has a 50 day simple moving average of $6.61 and a 200 day simple moving average of $5.15.

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 down $0.02 on Friday, hitting $4.14. 28,890 shares of the company traded hands, compared to its average volume of 48,162. The company has a market capitalization of $48.48 million, a price-to-earnings ratio of 207.10 and a beta of 1.01. The business’s 50 day moving average price is $3.59 and its 200-day moving average price is $2.89. NetSol Technologies has a 52-week low of $2.14 and a 52-week high of $4.59.