Sturm Ruger (RGR, Financial) experienced a significant stock fluctuation, with shares plummeting by 5% to $38.74. The trading volume reached 257,193 shares, resulting in a turnover rate of 1.53% and a price amplitude of 5.84%.
The company's recent financial report highlighted an operating income of $131 million, a net profit of $8.26 million, and earnings per share (EPS) of $0.48. The gross profit stood at $29.15 million, with a price-to-earnings (P/E) ratio of 22.44. There are currently no institutional ratings suggesting 'buy', 'hold', or 'sell' for the stock.
Within the aerospace and defense sector where Sturm Ruger operates, the overall decline was 0.32%. Comparable stocks like Lilium N V and Kwesst Micro Systems saw significant gains, while Kwesst Micro Systems and Xti Aerospace experienced high activity with turnover rates of 41.63% and 25.34%, respectively.
Sturm Ruger specializes in designing, manufacturing, and selling firearms in the U.S., catering primarily to the commercial sporting market. Their product range includes rifles, pistols, and revolvers. The company also produces investment castings and metal injection molding parts for internal use, with minimal foreign sales.
